Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC

Compound Treasury to let institutions use digital assets as collateral when borrowing USD or USDC


Compound Treasury, a cash management solution for institutions powered by the Compound Protocol, announced on Sept.14 that accredited institutions can now borrow USD or USDC with fixed rates starting from 6% APR, using Bitcoin, Ethereum, and supported ERC-20 assets as collateral. 

Starting today, to meet the growing demand for liquidity, institutions can now borrow from Compound Treasury, using digital assets as collateral.https://t.co/xgDIep18Qa

— Compound Labs (@compoundfinance) September 14, 2022

The Defi-backed company whose notable clients include crypto companies, fintech institutions, and banks, shared that the decision was made in response to recent market volatility, which has created a more robust demand for liquidity.

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Reid Cuming, VP of Compound Treasury said, “Compound Treasury can now address demand for liquidity with simple, reliable borrowing solution, while continuing to provide the

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