Blockchain-based financing firm M11 Credit has resumed crypto lending on the decentralized credit marketplace Maple Finance. The news of the resumption of service was announced in a Twitter thread from M11 Credit on Wednesday, where the firm also said it had upgraded its underwriting and monitoring framework. The new lending pool will have an expected annual yield of 10.75% in the stablecoin USD coin (USDC) with a 60-day duration, the firm said.... Read More: M11 Credit Restarts Crypto Lending on Maple Finance After FTX Fallout – Here's What You Need to Know
