Plume, a layer of 1 blockchain for Real-World Activa financing, is planning to launch a new product financing product that offers real return cases driven by the PayPal USD Stablecoin.
The PayPal USD (Pyusd)-driven Payfi safe, called NPayfi, will go live on the yield streaming platform of Plume Network. Pyusd is currently the eighth largest stabilecoin with a market capitalization of more than $ 759 million.
According to an announcement, Plume wants to bring payment financing to the chain through this new safe. With Stablecoins that play an important role in the Real-World ActivaMarkt, Plume PayPal expects to use USD as a liquidity layer.
The use of the US Dollar-Pegged Stablecoin will not only improve global accessibility, but also offers opportunities for revenue generating options.
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NPayfi enables users to make use of the proceeds from RWA payments, including invoices, claims and payment obligations.
According to Plume’s blog post, NPayfi will also support stock management, global trade and trade. With the generated return, companies can re -use the liberation capital in other activities.
“RWA-stundled Stablecoins have evolved beyond just an exchange medium; They become the backbone of short-term financing solutions, “said Teddy Pornprinya, co-founder of Plume. “The new Payfi safe on Nest is an important step towards the offer of the entire potential of Onchain payment financing, offering faster settlements, lower costs and greater financial inclusion.”
The layer 1 blockchain from Plume supports more than 180 protocols and has an ecosystem fund of $ 25 million for an early stage Real-World Asset Finance projects. The composite, Ethereum virtual machine-compatible environment of the project provides seamless integration on chains and onboarding.
Remarkable partnerships In recent months, collaborations with the music protocol, Superstate and ONDO Finance include.
Thanks to his collaboration with the music protocol, Plume enables the Tokenized Music Royalties platform to bring intellectual property rights to the chain, so that projects are aimed at real estate, private credit and other Real-World assets.
Pluim collected $ 20 million in a series A finance round in December 2024.
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