3jane

ChainCatcher news, according to official sources, the permissionless credit lending protocol 3Jane announced that the mainnet is expected to launch, providing funding to USD 3 and sUSD 3 without permission, with an initial cap of approximately 50 million USD, and initially limited to U.S. residents with total assets exceeding 150,000 USD.Once fully launched, 3Jane will cover more than 50 broad categories of crypto-native assets, encompassing over 10,000 DeFi protocols, with a total value exceeding 250 billion USD in decentralized finance and crypto assets. Previously, in June, it was reported that 3Jane raised 5.2 million USD in a seed round led by Paradigm.

ChainCatcher news, according to Tech in Asia, venture capital firm Paradigm has led a $5.2 million seed round financing for the crypto lending startup 3Jane.3Jane plans to introduce unsecured credit into the digital asset space through a "credit-based money market protocol," providing real-time unsecured USDC credit lines for yield farmers, traders, businesses, and AI agents. The company aims to launch its mainnet in the U.S. market in the third quarter of 2025.

ChainCatcher news, according to The Block, crypto credit startup 3Jane has completed a $5.2 million seed round financing, led by Paradigm, with other specific details not yet disclosed.The company described its protocol as "a credit-based peer-to-peer currency market that provides yield to farmers, traders, businesses, and AI agents through algorithmic, real-time unsecured USDC credit lines." According to its statement, 3Jane aims to launch its mainnet in the third quarter of this year. The company initially focuses on the U.S. market and stated that the U.S. "credit lines, income-based loans, merchant cash advances, and trade credit" market is valued at over $1 trillion.

ChainCatcher news, the lending protocol 3Jane tweeted the release of its white paper, which allows users to borrow with 0 collateral. The white paper indicates that 3Jane provides funding based on verifiable financial proofs rather than on-chain collateral.In addition, it utilizes zkTLS (zero-knowledge TLS) to connect on-chain and off-chain credit data for more accurate risk assessment. Bad loans are handled through on-chain auctions, with bids from U.S. debt collection agencies.