DeFi discussions on X cover proposals to list Opendoor stock on blockchain via Figure's OPEN network with stock lending mechanisms, commentary on Opendoor's record short interest, and Pi Network's integration with TRM Labs for compliance and risk screening.
Mike Cagney reports that Figure's blockchain-based loan marketplace processed $5.12B in Q3, a 107% year-over-year increase, with all loans originated, serviced, and settled on public blockchain. He highlights blockchain's immutability and DeFi's advantages in reducing transaction costs and supporting decentralized marketplaces.