Soils Blockchain-Based Lending Protocol Wins Regulatory Approval, Revolutionizing Corporate Loans and Fixed-Income Investments

By Lola Coin Jun 26, 202357Views

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Soil, a blockchain-based lending protocol, is working on bridging the gap between traditional finance and cryptocurrencies by reshaping corporate loans and fixed-income investments. The company recently obtained confirmation from local financial market regulators that its activities are consistent with applicable legislation. This achievement validates Soil’s business strategy and its goal of developing a self-balancing decentralized finance protocol. The protocol aims to connect established businesses with stablecoin holders, allowing the former to access a debt marketplace and increase their capital by soliciting loans. Cryptocurrency investors can lend their stablecoins and earn yield from Real World Assets. Soil prioritizes security and is adjusting to both current regulations and forthcoming changes in the cryptocurrency industry. With strong backing from the legal community, Soil is well-positioned to launch its innovative financing system.

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