“We’ve seen the great utility stablecoins and USDC have brought to developers, corporations, end-users and more across an array of use cases, including for global lending markets within DeFi,” the company said in a blog post. “However, for new entrants to participate in these markets, the ability to securely unlock credit on-chain through safe standards and underwriting, represents a significant barrier to entry.”
Source: https://www.coindesk.com/business/2023/09/29/circle-rolls-out-open-source-protocol-to-help-build-tokenized-credit-markets/?utm_medium=referral&utm_source=rss&utm_campaign=headlines