Credfull will launch an on chain private credit fund to support USDC buying
2024-04-05 00:39:07
On April 5th, it was announced that crypto startup Credfull is about to launch an on chain private credit fund aimed at providing investors with exposure to the increasingly popular high-yield loan market in traditional finance. It allows investors to purchase using USDC, and Credbull converts USDC into US dollars through Circle, and then transfers the funds to the initiators of small and medium-sized enterprises, which are debt financing companies that provide loans to the enterprises.
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