Digital Asset Firm Kraken Releases Report on Benefits of Centralized Finance Platforms Amid DeFi Boom
The team at digital assets firm
Kraken has revealed that cryptocurrency savings accounts are quickly becoming an “attractive option over traditional savings accounts.”
As interest rates continue to decline – sometimes going negative at European banks and other jurisdictions – consumers are increasingly looking for ways to maximize passive returns on their digital assets.
In Kraken’s last DeFi report, the exchange looked at how industry participants are trying to maximize their principal crypto-asset returns by taking part in liquidity pools as well as lending platforms.
In its most recent report,
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