The credit agreement Credix opens a stablecoin credit pool worth $150 million for the digital lending platform Clave

2022-11-02 08:36:21

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ChainCatcher news, according to CoinDesk, the Solana ecosystem credit protocol Credix has opened a $150 million stablecoin credit pool for the digital lending platform Clave, aimed at providing loans to businesses and consumers in Latin America. This credit mechanism will be available in 2023, with debt denominated in the USDC stablecoin pegged to the US dollar.

It is reported that the Clave debt pool will be divided into various smaller funds, known as "tranches," offering investment opportunities to institutional investors with different risk-return profiles. Credix's Chief Growth Officer Chaim Finizola stated that the debt in the Clave credit pool is secured by the receivables of the borrowers. Clave provides loans to businesses and consumers in Argentina and Colombia, and plans to expand to Mexico next year. (CoinDesk)

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Credix Clave Stablecoin

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