Decentral on Chiliz Blockchain Channels Stablecoin (price-pegged crypto) Liquidity to Football Clubs

According to Chiliz, the DeFi (decentralized finance) protocol tokenizes future media and broadcasting receivables as on-chain collateral (blockchain-registered security), aiming to replace bank loans, and will open a $1 million USDC stablecoin (U.S. dollar-pegged crypto) pool with a 90-day lock-up and 12% APY (annual percentage yield).

USDC
CHZ

Summary

verifying reliability

Terms & Concepts

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