- On Wednesday, the decentralized oracle network platform, Chainlink, announced the launch of a market-wide interest rate product for Web3 protocols and the decentralized finance (defi) economy, called the CF Bitcoin Interest Rate Curve (CF BIRC).
- Chainlink has partnered with the crypto benchmark prices and indices provider CF Benchmarks to launch the CF BIRC product.
- The CF Bitcoin Interest Rate Curve product aims to bolster transparency for lenders and borrowers, consistency, and better clarity for Web3 market participants.
Chainlink and CF Benchmarks to Bolster Onchain Transparency via CF Bitcoin Interest Rate Curve…
