Ethereum
Moonwell reports 135% rise in USDC borrowing on Ethereum after interest rate overhaul
Crypto Briefing·August 7, 2026·1 min read
Moonwell reported a 135% rise in USDC borrowing on Ethereum after an interest rate overhaul. The governance model may signal a shift towards more community-driven, sustainable growth in DeFi lending. The increase highlights the impact of protocol changes on user behavior within the Ethereum ecosystem.
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