3jane

The collateral-free credit lending protocol supported by Paradigm, 3Jane, announced on social media that the protocol is now open to the public, allowing users to mint USD3 and participate in liquidity mining to earn JANE tokens.It is reported that USD3 is a credit-backed yield stablecoin with a supply cap of $50 million; sUSD3 is the staked version of USD3, offering leveraged exposure. JANE features a variable total supply design, with the final supply to be determined at the final minting in 2026 (ranging from approximately 1.111 billion to 6.666 billion tokens). Currently, 100% of JANE emissions will be allocated to liquidity providers, redeemable every 7 days (locked status) until the final minting.Previously, it was reported that the crypto credit startup 3Jane announced the completion of a $5.2 million seed round financing in June 2025, led by Paradigm.

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 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.