Have you heard about the PayFi term? Something @ClearpoolFin came up with (or at least took to their heart) to fix a very annoying problem for TradFi, using stablecoins The problem is so old that TradFi probably doesn't even think of it as one: 💱 Settlements in Fiat currencies can require from 2 to 7 business days, depending on the type of transfer and its size During that time, money is basically locked out of their owners' reach - Huge opportunity cost - And it can also be problematic if you think about remittances and people waiting for money to come to actually live their life ☑️ Here's how $CPOOL fixes the problem Payment Financing Credit Vaults lets you settle in stablecoins all those transfers that would instead require days to come through: - Remittances - On/Off ramps - Card Processing And it doesn't end there of course, not without a way to get yield out of it 👀 The $cpUSD stable is a yield-bearing one, backed by PayFi Credit Vaults It's very liquid and provides a yield source coming from outside of crypto While of course remaining fully composable within DeFi Clearpool is probably one of the steadiest and strongest RWA builders in the space
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