#ISO20022 $XLM * 🚀Stellar + DeFi multichain: the role of the Templar
*** The Templar Protocol emerges as a new DeFi layer within Stellar (XLM), allowing users to deposit XLM as collateral and take out loans in stablecoins like USD Coin (USDC) without needing to use bridges, multiple wallets, or complex processes.
The proposal is to simplify access to liquidity directly within the Stellar ecosystem.
Using chain abstraction technology from the $NEAR NEAR Protocol, the protocol can enable multichain loans while the user
continues to operate only on Stellar.
If adopted on a large scale, the model could expand liquidity, strengthen DeFi on the network, and bring Stellar closer to other blockchain ecosystems.
XLM
0.1675
-0.23%