Clearpool received 400,000 USD in XPL tokens from Plasma to strengthen PayFi, aiming to improve credit solutions for stablecoin transactions. This partnership also involves launching cpUSD, a yield-bearing stablecoin linked to PayFi credit vaults.
The integration with Plasma’s mainnet will enhance stablecoin velocity, providing vital credit rails for evolving payment systems. This collaboration aims to fill the short-term financing gaps faced by businesses using stablecoins.
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