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Decentralized Lending Protocol C.R.E.A.M Finance to Offer Euro backed Tether Tokens, EURt
July 26, 2021 @ 8:23 pm By Omar Faridi
C.R.E.A.M. Finance, a decentralized lending protocol, has revealed that it will be “the first” protocol in the decentralized finance (DeFi) space to provide a Euro-backed stablecoin in, “with the addition of Tether tokens pegged to the euro (EURt).”
Paolo Ardoino, CTO at Tether Operations Limited, stated:
“We see a huge pent up demand for euro based stablecoins in the DeFi space. We’re excited that C.R.E.A.M. Finance is the first DeFi platform to support Tether tokens pegged to euro (EURt) for yield earning services.”