Amid tokenization race, Tradable brings $1.7B private credit onchain - zksync, 2024, one, mantra, credit, ethereum, three, centrifuge, onchain, Crypto, Cointelegraph

Amid tokenization race, Tradable brings $1.7B private credit onchain

Real-world asset (RWA) platform Tradable has tokenized $1.7 billion in private credit on ZKsync, signaling growing demand for institutional-grade assets. According to a Jan. 16 announcement, Tradable has tokenized nearly 30 “institutional grade credi

Crypto credit innovator Idle launches onchain private credit vault on Optimism - idle, 2024, credit, zk, crypto, zero, onchain, Crypto, optimism, The Block, defi

Crypto credit innovator Idle launches onchain private credit vault on Optimism

Onchain credit and yield platform Idle has launched a new credit vault that allows users to lend directly to businesses onchain, according to an announcement on Thursday. The firm has partnered with M11 Credit, a unit of Maven 11, on the new product,

Nasdaq-Listed Bitcoin Miner MARA Secures $200 Million Line of Credit to Fuel Strategic Growth - miner, credit, bitcoin, growth

Nasdaq-Listed Bitcoin Miner MARA Secures $200 Million Line of Credit to Fuel Strategic Growth

MARA, a large publicly traded bitcoin miner, has announced the successful acquisition of a $200 million line of credit, collateralized by a portion of its bitcoin holdings. This substantial funding will empower the company to pursue strategic growth

Bitcoin.com
Tether Explores Lending Opportunities With International Commodities Traders - gold, credit, bitcoin, tether, usdt

Tether Explores Lending Opportunities With International Commodities Traders

The stablecoin Tether (USDT) is considering lending to international commodities traders, especially in developing markets. Tether’s high profits and existing connections may create lucrative opportunities. Tether could profit handsomely from credit-

Landon Manning
US Credit Card Debt Soars To $1,140,000,000,000 As Bank of America CEO Issues Warning on ‘Depleting’ American Consumer - card, credit, debt

US Credit Card Debt Soars To $1,140,000,000,000 As Bank of America CEO Issues Warning on ‘Depleting’ American Consumer

Americans are holding more household debt than ever before as one of the biggest banks in the country warns of a weakening US consumer. According to a report from the New York Fed, US credit card debt just hit $1.14 trillion. On the whole, Americans

Alex Richardson