Lenders
KYC verified lenders can deploy capital to licensed lending institutions and debt funds
Security of Funds
Credible prioritizes the security of funds lent to licensed institutions by utilizing Credora’s rating system. Each lending institution is assessed and rated based on its creditworthiness, which offers lenders a transparent overview of the risks associated with each borrower. The use of receivables from a tokenized loan book further enhances the security of funds, ensuring that lenders have a clear understanding of the underlying assets backing their investments.
Lending Currency
The primary currency accepted for lending within this product is USD Coin (USDC). This stablecoin offers a reliable store of value, minimizing exposure to cryptocurrency volatility and ensuring that lenders receive stable returns on their investments.
KYC Requirements
To participate as a lender, all entities must complete a KYC (Know Your Customer) verification process. This compliance measure not only safeguards the platform but also enhances the overall security of transactions, promoting a trustworthy lending environment.
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