Spark’s new lending suite tests institutional appetite for onchain stablecoins

Spark’s new lending suite tests institutional appetite for onchain stablecoins

Spark is rolling out Spark Prime and Spark Institutional Lending, aiming to turn its DeFi stablecoin stack into institutional margin and credit lines.

Spark announced the launch of Spark Prime and Spark Institutional Lending on Wednesday to channel more of its decentralized finance (DeFi) stablecoin reserves into institutional credit markets.

Spark, a decentralized asset allocator whose core contributor, Phoenix Labs, previously helped design MakerDAO’s stablecoin and risk architecture, said its new suite is meant to let borrowers tap stablecoin loans without having to run their own DeFi operations. 

Spark Prime offers margin‑style lending and off‑exchange settlement powered by Spark’s liquidity engine, while Spark Institutional Lending plugs Spark‑governed markets into qualified custodians such as Anchorage Digital so clients can keep collateral inside regulated custody. 

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