Loopscale Unveils ACRED, a Permissioned RWA Credit Product on Solana
Developed with Securitize and Global Dollar, ACRED enables accredited investors to borrow against tokenized Apollo credit while stablecoin lenders earn yields backed by real-world assets.
SOL
Summary
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Terms & Concepts
RWA (Real-World Assets): Physical or traditional financial assets represented as digital tokens on a blockchain.
Permissioned: A blockchain system or product with restricted access, allowing only approved participants to interact.
Stablecoin: A cryptocurrency pegged to a stable asset, such as the U.S. dollar, to reduce price volatility.