
Clearpool Expands to Payments Financing, Debuts Stablecoin Yield Token
Clearpool, a decentralized credit marketplace, unveiled a suite of products to finance payments, targeting fintech firms processing cross-border transfers and card transactions. The products include stablecoin credit pools for payment finance (PayFi) and cpUSD, a permissionless token that generates yield from short-term lending to payment providers. "What many overlook is that while stablecoins settle instantly, fiat does not, forcing fintechs to front liquidity to bridge that gap," CEO and co-founder Jakob Kronbichler said in a statement on Thursday. Clearpool’s PayFi pools aim to supply credit to institutional lenders serving these companies, with repayment cycles ranging from one to seven days.…








