Compound Treasury Launches Borrowing for Institutions

Compound Treasury, the cash management solutions for institutions powered by the Compound Protocol, announced the launch of institutional crypto borrowing service. Accredited institutions can borrow USD or $USDC at fixed rates using Bitcoin, Ethereum, and supported ERC-20 assets as collateral. Borrowing is offered with an open-ended term and no repayment schedule, providing the clients the flexibility to draw liquidity and repay balances as they see fit–for as long as they remain overcollateralized.