Lending

The shift in refi behavior — in the wake of multiple Federal Reserve interest rate hikes — helped fuel a loan growth trend that's expected to continue through year-end.

Data as of Mar. 31, 2022. Dollars in thousands.

Data as of Mar. 31, 2022. Dollars in thousands.

In the past day, Celsius repaid about $78.1 million worth of USDC stablecoin to the lending platform Aave, according to Etherscan. It also repaid $35 million worth of the stablecoin DAI on the Compound platform. 

Year to date Dec. 31, 2021. Dollars in thousands.

Goldman Sachs Group offered its first ever lending facility backed by bitcoin, in a significant step for a major U.S. bank that accelerates Wall Street's embrace of cryptocurrencies.