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Compound Treasury launches institutional loan solution with an APR of 4%

2022-09-29 00:07:54
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Chain Catcher News, Compound Treasury has launched an institutional cash management solution supported by the Compound Protocol, offering a 4.00% APR for daily liquidity in USD and USDC. Institutions can now use digital assets as collateral to borrow from Compound Treasury.

It is reported that certified institutions can use Bitcoin, Ethereum, and supported ERC-20 assets as collateral to borrow USD or USDC at an annual interest rate of 6%. (Source link)

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