Clearpool Launches PayFi Pool and Stablecoin Yield Token cpUSD
Foresight News reports, according to CoinDesk, that the decentralized credit market Clearpool has launched the PayFi pool and the stablecoin yield token cpUSD. The PayFi pool is designed to meet the short-term stablecoin financing needs of fintech companies, with repayment periods ranging from one to seven days. cpUSD is a permissionless token that generates yield by providing short-term loans to payment providers. The cpUSD token is backed by the PayFi treasury and highly liquid, yield-generating stablecoins, aiming to offer returns linked to real-world payment flows rather than speculative crypto activities.
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