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Around the Block #8: The promise and potential of synthetic assets
Coinbase Around the Block sheds light on key issues in the crypto space. In this edition, Justin Mart explores the synthetic asset landscape as well as other notable news in the space.Today, most Decentralized Finance (DeFi) applications look like copies of traditional financial products. You can swap one token for another, borrow or lend a token in a money market, and even trade on an exchange with margin and leverage.But DeFi can go much further. Blockchains are open, global platforms that car...