Thursday, October 17, 2024

Compound Treasury Launches Borrowing for Establishments | by Reid Cuming | Compound | Sep, 2022


Final yr, Compound Treasury launched an institutional money administration answer powered by the Compound Protocol, providing a 4.00% APR on USD and USDC with every day liquidity. Our shoppers, together with fintechs, crypto firms, and banks, have been capable of depend on Compound Treasury as a predictable supply of yield.

In Might, Compound Treasury turned the primary DeFi-backed firm to obtain a credit standing from a serious company, introducing the very best degree of transparency and accountability within the trade.

Beginning immediately, to fulfill the rising demand for liquidity, establishments can now borrow from Compound Treasury, utilizing digital property as collateral.

Market-leading Phrases

Accredited establishments can borrow USD or USDC with fastened charges beginning at 6% APR, utilizing Bitcoin, Ether, and supported ERC-20 property as collateral.

Borrowing is obtainable with an open-ended time period and no compensation schedule, offering our shoppers the flexibleness to attract liquidity and repay balances as they see match–for so long as they continue to be overcollateralized.

Institutional Liquidity, Powered by DeFi

Liquidity is supplied by Compound Treasury shoppers and the Compound Protocol (with over $3 billion in property, and greater than $285 billion in whole transaction quantity since inception). Collateral by no means leaves Compound Treasury’s management, growing transparency and the protection of funds for our shoppers.

Assembly Market Demand

Establishments proceed to face challenges trusting opaque CeFi merchandise or interacting immediately with DeFi protocols to handle their steadiness sheet. Current market volatility has decreased obtainable liquidity and reliable choices for debtors; nevertheless, demand for liquidity stays strong.

“Compound Treasury can now deal with demand for liquidity with a easy, dependable borrowing answer, whereas persevering with to offer the identical trusted service we’ve delivered to shoppers incomes curiosity over the previous yr,” stated Reid Cuming, VP of Compound Treasury, “Introducing borrowing expands our money administration product to fulfill extra wants of our shoppers.”

Our imaginative and prescient for Compound Treasury is to be probably the most trusted and clear associate for establishments to entry the core advantages of DeFi. Be taught extra about Compound Treasury’s institutional DeFi choices at compoundtreasury.com.

About Compound Treasury

Compound Treasury offers money administration options for establishments, powered by the Compound Protocol. Accredited establishments can earn 4% APR on USD and USDC with every day liquidity, or borrow utilizing Bitcoin, Ether, and supported ERC-20 property as collateral.

Our shoppers profit from the transparency and liquidity of DeFi, by a compliant counterparty offering white-glove service. Compound Treasury is obtainable by Compound Prime, LLC, a subsidiary of Compound Labs, Inc.

To get in contact with our gross sales workforce — gross sales@compoundtreasury.com

For any media inquiries — media@compoundtreasury.com

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