Decentralized marketplace Credix Finance is opening a $150 million stablecoin loan pool for Clave.
Clave will use the credit pool opened by Credix Finance to extend loans to businesses across Latin America.
According to the statement made by the two companies, the credit transactions will start in the next year and the transactions will be Reflecting in USDC is planned.
Clave collects funds before disbursing loans. via blockchain will receive these funds to any traditional currency It will be able to convert it and offer it as a loan to businesses.
The work that Belgium-based Credix will do together with Clave will be similar to other work that the company is already doing.
Fintech companies and non-bank financial institutions that use Credix’s services can collect their receivables and real assets. can be converted into investment capital.