Siam Commercial Bank Chases DeFi Yield Through Compound


"We're not just investors and builders, but we also wanted to embrace these kinds of disruptive technologies for use, especially for use within a bank," Panich said in an interview. "We believe Compound has created a very easy to understand rules-based instrument: US dollars in and out with a fixed interest rate of 4%, so institutions don't have to worry about how to interact with crypto."