Chainlink-Powered AUTO Brings $1.6T U.S. Auto Loan Market To DeFi

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Consumer lending is the largest credit market in the U.S. Converting everyday consumer loans into tokenized real-world assets (RWAs), which use smart contracts to track fractional ownership and automate payments, allows banks to recycle capital more quickly while investors gain access to private consumer credit markets. The $1.69 trillion U.S. auto loan market represents approximately […] The post Chainlink-Powered AUTO Brings $1.6T U.S. Auto Loan Market To DeFi appeared first on Chainlink Today