The interest rate cut from the US Federal Reserve (Fed) has led to a surge in demand for crypto lending services. Blockchain-powered lending platform Figure Technologies saw a threefold increase in loan applications. Fed’s Stimulus Encourage Consumers to Borrow More Last Tuesday, the Fed cut the interest rates by 0.50% to a target range of 1.00% to 1.25%. For many crypto lending applications, that was a great stimulation. Figure Technologies, which itself leverages blockchain to […]
