Compound Adds Support for Stablecoins USDe and mETH as Borrowing Collateral
Compound Finance is adding Ethena's stablecoin and Mantle's Liquidity Staking Token (LST) to its decentralized lending platform, and community members have voted to add the stablecoin USDe and mETH (Mantle's LST) as lending collateral.
According to DefiLlama, Compound is one of the most popular DeFi lending protocols on the Ethereum network, with a total locked value (TVL) of up to $2.70 billion.