Clearpool, a decentralized credit market space, revealed a package of products for financing payments, targeting fintech companies processing cross-border transfers and card transactions.
The products include stableCOin credit pools for payment financing (Payfi) and CPUSD, a permission-free token that generates dividends from short-term loans to payment providers.
“What many people overlook is that although stableecoins sit down immediately, Fiat doesn’t, forcing Fintechs into front liquidity to bridge this hole,” CEO and co -founder Jakob Kronbichler said in a statement on Thursday.
Clearpool’s Payfi pools aim to deliver credit to institutional lenders serving these companies with repayment cycles from one to seven days.
The CPUSD tokenet, supported by Payfi vaults and fluid, yield-bearing stableecoin, aims to deliver returns linked to real-world payment flows, rather than speculative crypto activity.
Clearpool’s expansion emphasizes the broader tendency for stableecoins to become core infrastructure in global payments, especially in new markets where traditional bank rails remain slow or expensive. The protocol said it already originated in more than $ 800 million in stablecoin credit to institutional borrowers, including Jane Street and Banxa.
Read more: PayPal is expanding crypto payments for US merchants to reduce cross -border fees
