Hassan Maishera
On Wednesday, the Avalanche Foundation announced via X that Spark has expanded its services to the Avalanche blockchain. Spark is a leading DeFi platform with over $3 billion in liquidity.
Spark will be moving USDC onto Avalanche, adding a USDC savings vault, and deepening USDC lending pools on Avalanche. Spark is incubated under Sky’s Endgame architecture, the rebrand of MakerDAO.
With Spark’s move onto Avalanche, stablecoin liquidity flows in at scale, borrowing capacity grows, and TVL compounds across DeFi.
Avalanche is an open-source platform for launching Decentralized Finance (DeFi) applications and enterprise blockchain deployments in an interoperable, highly scalable ecosystem.AVAX is down 8.8% today and currently trades at $13.33 per coin.
