Introducing USDC on NFTfi
December 21, 2022 ・ 1 min read
Lenders and borrowers on NFTfi can start lending and borrowing USDC.
We are introducing USDC (USD Coin) as the third cryptocurrency (next to wETH and DAI), for taking out and giving out loans on NFTfi.
USDC is an ERC-20 token and is one of the most liquid stablecoins on the market. It has been requested by our community members many times, and per popular demand, we are adding it to our platform today. Users can now choose between wETH, USDC, and DAI. Additionally, DAI may depeg from USD in the future, and we want to provide an alternative stablecoin for lending and borrowing on NFTfi.
When making a loan offer or listing an asset as collateral, users can select USDC under loan terms.
If you have any questions regarding USDC, don’t hesitate to reach out in the #support channel in our Discord, and make sure you follow us on Twitter for updates.
Discord | Twitter | Join the Ambassador program
This article is for educational and informational purposes only and should not be considered financial advice. Conduct your own research and due diligence before making any investment or financial decisions, such as when considering novel products including NFT loans.
Sign up for our newsletter
Sign up to receive emails from NFTfi with the latest news and product updates.
August 11, 2023
NFTfi – P2P NFT Lending Protocol: From PFPs & Art to RWA
Stephen Young and Storm from NFTfi joined the Epicenter Podcast to discuss the general state of the NFT market, future prospects for NFT development, and how NFTfi, a P2P NFT lending platform, unlocks new sources of liquidity in this bear market.
Learn more >
August 08, 2023
Earn Season 1: Introducing Loan Streaks
Today, we are updating Earn Season 1 by introducing loan streaks, a new way to secure Earn Bonus Points. This feature specifically rewards platform loyalty and long-term loans.
Learn more >
August 03, 2023
A complete guide to allowances on NFTfi
In this article, we explain everything borrowers and lenders need to know about allowances on NFTfi. In order to fund or repay loans on NFTfi, our smart contracts need permission to move the ERC-20 tokens you are using.
Learn more >