News/Compound Treasury Launches Borrowing for Institutions

Compound Treasury Launches Borrowing for Institutions

Sep 14,2022,22:28
Compound Treasury, the cash management solutions for institutions powered by the Compound Protocol, announced the launch of institutional crypto borrowing service. Accredited institutions can borrow USD or $USDC at fixed rates using Bitcoin, Ethereum, and supported ERC-20 assets as collateral. Borrowing is offered with an open-ended term and no repayment schedule, providing the clients the flexibility to draw liquidity and repay balances as they see fit–for as long as they remain overcollateralized.
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