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Siam Commercial Bank Is Chasing DeFi Yield Through Compound

Press Release by Press Release
May 28, 2022
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Siam Commercial Bank Is Chasing DeFi Yield Through Compound
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“Not only are we an investor and a builder, we also wanted to adopt these types of disruptive technology to use, especially to use inside a bank,” said Panich in an interview. “We think Compound has created a regulated instrument that’s very easy to understand: U.S. dollar in, U.S. dollar out with a fixed 4% interest rate, so institutions don’t have to worry about how to interact with crypto.”



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Tags: BankChasingCommercialCompoundDeFiSiamYield
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