Notes from the team building crypto-backed lending
Product updates, market context and practical guidance for institutions launching on Assetify
Collateral, Not Yield, Will Decide Which Stablecoins Win
WLFI’s April 10 governance plan locks 62.28B tokens and offers 10% founder burn — a $75M collateral risk for lenders
Paxos Labs raises $12M to launch Amplify and signal a managed entry into crypto-backed lending
WLFI drew a $160M USDC loan on Dolomite — but reporting disagrees on the exact size
WLFI’s self-collateral borrowing and 3B token transfers exposed a circular collateral risk after a 12% price drop
S&P gives Sky a B- — and highlights overcollateralized minting as a lender-friendly design
Circle unveils cirBTC as a purpose-built, 1:1 wrapped Bitcoin for lending and market making
Nakamoto’s March BTC sale shrank Kraken’s collateral cushion, exposing lender risk
9M RLUSD minted on XRP Ledger on March 27 — does it offset 10M of Ethereum burns?
Crypto-backed mortgage launches March 26, 2026 — and removes liquidation risk for borrowers
80 million unbacked USR minted — peg failure triggered $180M in Morpho liquidations
Compromised AWS KMS service key enabled $25M unauthorized USR mint, revealing off‑chain fragility