Siam Commercial Bank Is Chasing DeFi Yield Through Compound

“Not only are we an investor and a builder, we also wanted to adopt these types of disruptive technology to use, especially to use inside a bank,” said Panich in an interview. “We think Compound has created a regulated instrument that’s very easy to understand: U.S. dollar in, U.S. dollar out with a fixed 4% interest rate, so institutions don’t have to worry about how to interact with crypto.”