Tokenized Credit in DeFi: How Private Credit Is Being Brought On-Chain

By Jorge Rodriguez — Tokenized Assets

How tokenized private credit works and why yields range from 8-15% while stablecoin lending sits at 3-6%

A practical framework for evaluating on-chain credit pools before depositing, covering delegates, borrower profiles, and tranche structures

The 2022 Maple Finance defaults: what happened, what it revealed about credit risk in DeFi, and what changed afterward