Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC By Cointelegraph
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Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDCCompound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using , , and supported ERC-20 assets as collateral.
The Defi-backed company whose notable clients include crypto companies, fintech institutions, and banks, shared that the decision was made in response to recent market volatility, which has created a more robust demand for liquidity.
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Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDCCompound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using , , and supported ERC-20 assets as collateral.
The Defi-backed company whose notable clients include crypto companies, fintech institutions, and banks, shared that the decision was made in response to recent market volatility, which has created a more robust demand for liquidity.
Continue Reading on Coin Telegraph
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