• People Finance will launch xChain V2 in H1 2026 with $10 million in incentives for cross-chain lending customers.
• V2 improve brings easier cross-chain DeFi, new technique vaults, and EVM + non-EVM help.
• Cellular app integration permits for debit card borrowing whereas sustaining collateral publicity.

Singapore, December 10, 2025 – People Finance, the main cross-chain lending protocol backed by Coinbase Ventures, Leap, ParaFi, and Borderless Capital, enters its subsequent part of growth with the discharge of xChain V2, scheduled for H1 2026.

To help this rollout, People Finance will allocate 1 million FOLKS (equal to roughly $10 million on the time of publication) in incentives to facilitate built-in cross-chain swimming pools and environment friendly technique vaults, rewarding customers who discover the upgraded system because it scales towards its $1 billion TVL purpose.

V2 builds on the profitable launch of the FOLKS token and the primary iteration of true cross-chain lending utilizing xChain, and brings this mannequin to a wider viewers by eradicating the complexity historically tied to cross-chain DeFi.

This improve allows new vault-based cross-chain loans that allow elevated effectivity, help for each EVM and non-EVM ecosystems, and curated cross-chain yield methods from a single interface.

As a part of this imaginative and prescient, xChain V2 can even join with the upcoming People Cellular app to allow debit card-based borrowing. Customers can borrow towards collateral, preserve publicity and yield, and spend borrowed balances straight in the actual world.

The purpose is easy. It’s about turning superior DeFi mechanisms into instruments that anybody can use each on-chain and of their day by day lives.

The FOLKS token can even broaden its utility with the launch of V2, with extra particulars to be shared as growth progresses.

xChain V2 is presently underneath lively growth. With over a yr of expertise because the main cross-chain lending protocol on mainnet and in depth market expertise throughout eight chains, People Finance is positioned to ship one of the superior upgrades within the area.

Additional updates, previews, and technical particulars will likely be shared throughout official channels because the xChain V2 launch approaches.

About People Finance

People Finance gives cross-chain lending, borrowing, staking, and buying and selling throughout a number of blockchain networks, combining the safety and selectivity of conventional finance with the transparency and decentralization of crypto-powered DeFi.

Official hyperlink
Web site: https://of us.finance
X: https://x.com/FolksFinance
Discord: https://discord.com/invite/folksfinance
Telegram: https://t.me/FolksfinanceOfficial/

Media inquiries
Eve Carell
CMO
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