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Onchain Student Loans Could Quadruple DeFi TVL

  • Siu highlighted the $3 trillion global student loan market as an untapped opportunity for DeFi growth.
  • Moving even 10% of student loans onchain could quadruple the Total Value Locked (TVL) in DeFi.
  • Web3-based education finance could be a gateway for crypto adoption, especially among the unbanked.
  • Animoca's investment in Pencil Finance, offering blockchain-based student loans, aims to expand into the U.S. with a $10 million initiative.

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