The global settlement bank platform Arf has launched an unsecured short-term financing solution for licensed financial institutions using USDC

ChainCatcher news, global settlement bank platform Arf has launched an unsecured short-term working capital financing solution based on USDC for licensed financial institutions, in collaboration with the Stellar Development Foundation to address liquidity constraints faced by payment and remittance companies in cross-border payments.

It is reported that the above solution is built on the Stellar network and is supported by USDC issued by Circle, providing unsecured and short-term (1 to 5 days) working capital for globally qualified licensed financial institutions. Financial institutions can settle on the same day with partners in the required countries without the need for pre-funding or any additional collateral. (source link)