Kamino Brings Sterling Lending Onchain With Tgbp Market

Kamino Launches Sterling Lending Market for tGBP on Solana

The isolated market lets users supply tGBP and borrow tGBP or USDC against USDC, cbBTC and JitoSOL, with maximum loan-to-value ratios ranging from 60% to 85%.

Kamino Brings Sterling Lending Onchain With Tgbp Market - Invest In Crypto News

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Kamino Brings Sterling Lending Onchain With Tgbp Market

TL;DR Kamino has opened a lending market for tGBP, a British-pound stablecoin issued by BCP Technologies. Users can supply tGBP or borrow it against collateral including USDC, cbBTC and JitoSOL. The market is curated by Steakhouse Financial and creates sterling-denominated credit on Solana. Dollar stablecoins dominate DeFi, but Kamino is adding a different currency to […]