Crypto vault deposits top $10 billion as lending risks draw regulatory scrutiny
Curator-managed lending strategies are attracting institutional capital, while exposing depositors to collateral, liquidity and smart-contract risks.
Source: CoinDesk
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DW NOTE
Curators collecting fees to lend your stablecoins against illiquid tokens and tokenized private credit — call it what it is: shadow banking with automatic liquidations. The transparency is in the smart contract; the contagion risk is in every vault that shares the same collateral stack when the code runs faster than the exit.