Crypto-Backed Lending Platform SALT Adds Stablecoin USDC As Collateral Option

News | December 21, 2018 By:

Crypto-backed loan provider SALT has partnered with CENTRE Consortium to begin accepting USD Coin (USDC) as collateral.

SALT offers a peer-to-peer lending platform that allows cryptocurrency holders to use their cryptocurrencies as collateral for loans. Since launching the platform, SAlt has over 70,000 loans and has funded over $50,000,000 in those loans.