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DeFi protocol Spark has suspended its plan to launch an app and is shifting its focus to institutional liquidity.
PANews November 20 news, according to CoinDesk, DeFi giant Spark has decided to suspend its encryption mobile application development plans, focusing instead on DeFi native liquidity infrastructure and institutional trading, such as the recent $1 billion investment in PayPal's stablecoin PYUSD. The developer behind Spark is Phoenix Labs.
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