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Untangled launches USDC lending pool on Celo with initial debt ceiling of $6 million

2024-05-02 14:38
Odaily News Untangled Finance, a tokenized real-world asset (RWA) platform backed by Fasanara Capital, opened the first private credit pool on the Celo (CELO) network with French fintech lender Karmen on Thursday. The pool is structured in accordance with Luxembourg securitization regulations, with an initial debt ceiling of $6 million, allowing qualified investors to deposit USDC stablecoins. (Coindesk)