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Project 0, a crypto-native brokerage, has launched "Project 0 Pay," which allows users to borrow funds using their DeFi portfolios as collateral
Svmuu News: Project 0, a DeFi-native prime broker, is set to launch Project 0 Pay, offering users a way to use the liquidity in their crypto portfolios to pay off credit card debt without having to sell assets or interrupt yield generation. This new feature essentially tracks users’ spending to generate end-of-month statements and calculates borrowing transactions against their portfolios. If approved, these transactions will cover expenses for that period without liquidating their holdings. (The Block)
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