The Exchange Now Has the First DeFi Non-Custodial Banking Protocol Meld (Formerly Exchange)

Meld, the first decentralised protocol to integrate fiat loan capabilities into the cryptocurrency ecosystem, has announced that its token, MELD, is now available for trading with USDT on the exchange. 

MELD offers a suite of financial tools and solutions centred on the use of cryptocurrency assets as collateral for fiat or crypto-based loans.

MELD is unique among token launches in that it already has over 40,000 token holders. MELD was the first company to successfully complete an ISPO (Initial Stake Pool Offering), which attracted $1B USD in crypto (in ADA tokens) in less than three months and helped the company raise USD 10M for its own funding ($45M total raised to date via an additional private token sale).

“We are overjoyed to see the MELD token launch go off without a hitch.” This is the first step toward becoming the first decentralised lending and borrowing protocol for crypto and fiat.” – Ken Blauer, Meld’s CEO, stated.

“We’re excited to have MELD on board with us – their solution helps customers securely lend and borrow crypto and fiat, bringing DeFi to Cardano, which is extremely beneficial to the entire ecosystem,” said Danish Chaudhry, CEO of

MELD Information

MELD is the first decentralised protocol to integrate fiat loan capabilities into the cryptocurrency ecosystem. MELD enables low-friction transactions between crypto and fiat positions while retaining control over a customer’s digital assets. To provide insurance for the MELD protocol, the MELD token can be staked on the MELDapp. MELD holders will earn an APY as a result of protocol fees and liquidity reward programmes (up to 15 percent currently). The MELD protocol was designed to connect the on-chain and off-chain worlds, as well as to connect the various Blockchains and DeFi protocols. Overview’s mission is to enable people all over the world, from first-time traders to advanced trading professionals, to trade cryptocurrencies with ease and confidence. We provide an appealing platform for trading any cryptocurrency, with high liquidity, 24/7 multilingual support, and dozens of trading pairs, all backed up by a high level of security.


Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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