The lending protocol added Avalanche markets for seven digital assets, while Galaxy issued a $75 million tokenized CLO on the network earlier this year.
Stablecoin adoption accelerates as monthly crypto card payments surpass $600 million and onchain credit expands to $5.58 billion, signaling a shift toward real-world financial use.
Alea Research reports that onchain private credit is gaining traction through platforms like Maple and Figure, showing early scalability as it bridges DeFi with real-world lending markets.