According to CoinWorld news, the decentralized lending market Clearpool has launched a series of financing payment products aimed at fintech companies that handle cross-border transfers and credit card transactions. These products include the stablecoin credit pool (PayFi) and cpUSD, a permissionless token that generates revenue by providing short-term loans to payment providers. Clearpool's PayFi pool is designed to provide credit to institutional lenders serving these companies, with repayment terms ranging from 1 to 7 days. The cpUSD token is backed by the PayFi treasury and interest-earning stablecoins, aiming to provide returns associated with real payment flows rather than speculative crypto asset activities.

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