Jane Street Plans To Borrow $25M In USDC Crypto Via Clearpool: Bloomberg

Wall Street’s trading powerhouse Jane Street, famed for its domination in markets such as ETFs and corporate bonds, is turning to decentralized finance to borrow cryptocurrency, reported Bloomberg.
Jane Street plans to borrow up to $25 million in USDC, a stablecoin pegged to the US dollar, to expand to $50 million. It will borrow from the crypto business BlockTower Capital via Clearpool, a DeFi marketplace where institutions …

Full story available on Benzinga.com

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