Hi, FF fam! I trust you’ve all had a great week.
This week we saw Coinbase
make moves to bring defi yields to fintech normies via savings products.
As competition continues to heat up in the consumer fintech space, products that allow users to access defi yields will be the next frontier for challenger banks as they look to differentiate their offerings. We’re already seeing players like Current
(see tweet below) lean in with what looks to be a product that provides access to Compound’s high-yield interest rates. I can’t wait to see this in the wild!
We also saw Twitter drop some fun NFTs
on Rarible this week that caught everyone by surprise. My personal fav was the reply guy one. 😂
And always, there’s no shortage of news from the industry. So grab a coffee (or beer), and let’s get into this week’s news from the world of open and decentralised finance.
👉 Got some interesting news I should include in my newsletter? Feel free to respond to this email or hit me up on Twitter - my DMs are always open.
— Alan Tsen 👊💯
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