DeFi growth helps push crypto’s share of the global money supply above 2%
Cointelegraph
Published May 15, 2021 07:40PM ET
Updated May 16, 2021 09:40PM ET
This year decentralized finance (DeFi) has proven to be a transformative sector for the cryptocurrency ecosystem and it is also making waves in among global financial markets as institutional investors become entranced with the potential to earn high yields on stablecoins, altcoins and Bitcoin.
While the price action from Dogecoin (DOGE) has dominated the headlines in recent weeks, Delphi Digital has been chronicling the growth of the DeFi ecosystem on the Ethereum (ETH) network which has steadily been gaining strength over the past month.
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Written By: Cointelegraph
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