The credit facility is set to open in 2023, with the debt being denominated in the dollar-pegged stablecoin USDC, according to the statement. As with all Credix credit pools, the Clave debt pool will be split up into various smaller funds called “tranches” to offer investment opportunities for institutional investors with different return-on-risk profiles; tranches with lower risk, for example, would pay less yield.
Sourced from cryptonews.net.
