Lenders

Permissionless USDC lending to fiat borrowers

Security of Funds

At Credible, we prioritize the security of lenders’ funds through a robust collateralization framework. Each loan is backed by digital assets deposited by borrowers, ensuring that lenders’ capital is protected against default. The use of collateral provides a safety net, allowing lenders to engage in the lending process with confidence.

Lending Currency

Our platform accepts USD Coin (USDC) as the primary currency for lending. This stablecoin provides stability and predictability in value, mitigating risks associated with cryptocurrency volatility. Lenders can rest assured that their funds are secure and stable when engaging with Credible.

KYC Requirements

A significant advantage for lenders on our platform is that no KYC (Know Your Customer) verification is required. This streamlined process enhances user experience, allowing lenders to participate without lengthy identity verification procedures, thereby facilitating faster and more efficient lending.

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