| Feature | Fiat Lending/Borrowing | Stablecoin Lending/Borrowing |
|---|---|---|
| Currency Type | Government-issued (USD, EUR, etc.) | Crypto-pegged (, USDC, DAI, etc.) |
| Regulation | Highly regulated | Less regulated (but evolving rapidly) |
| Accessibility | Bank accounts required | Digital wallets required |
| Speed | Slower (bank processes) | Faster (blockchain-based) |
| Interest Rates – Lender | Generally lower | Often higher due to crypto market dynamics |
| Interest Rates – Borrower | Often higher | Generally lower |