Cred, a decentralized lending ecosystem that facilitates access to credit using cryptos as collateral, is set to disrupt the traditional lending market.
Binance has joined forces with Cred, the leading platform for crypto lending and borrowing, to expand its ecosystem and support the decentralization of finance.
After the recent and most unexpected hack of the Binance exchange, in which 7,000 BTC were stolen, Justin Sun has publicly offered to donate 40 mln USDT to support the exchange and buy TRX, BNB, BTT and other coins with that money.
Decentralized global lending network Cred now provides USD loans, collateralized by XRP. The company has secured over $300 million in total credit facilities available for lending.
Digital payments startup Uphold has entered into a new partnership with crypto lending platform Cred to offer new lending and earning products.
PwC said that its partnership will provide for more transparency and value substantiation, and enhance investors’ trust in the cryptocurrency stablecoin market.
Cred, the decentralized global lending platform, has secured $200,000,000 USD in crypto-backed lending facilities.
Today, we have two new exciting developments to announce.