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Clarkesworld Science Fiction and Fantasy Magazine: Hatching by Bo Balder

While DeFi has opened up infinite possibilities for lending companies, the transactions are only limited to collateral-based lending and financial arbitrage for the majority part of the existing DeFi Industry. This may look like an ideal scenario, but there exists a definite void between the DeFi crypto world and fiat world lending use cases. The TVL of DeFi stands at $75 billion, and a global, stable coin infrastructure like Federal Money can scale it up to the fiat $43 trillion in consumer ...