The plum, a layer 1 blockchain for the real -world asset finance, plans to launch a new payment finance product, which offers cases of real yield use operated by Paple USD Stabecrim.
PayPal USD (Pyusd) -Power Pafi Walt, Dubbed NPAYFI, will go live on the yield streaming platform nest of the plum network. Pyusd is currently the eighth largest stabechoin with a market cap of over $ 759 million.
As AnnouncementThe purpose of the plum is to bring the payment on-chain through this new vault. With stablecoins that play a major role in the real -world asset markets, the plum is expected to take advantage of the papail USD as a liquidity layer.
Using US Dollar-Paiged Stabecoin will not only increase global access, but will also provide yield-generating opportunities.
NPAYFI will allow users to tap in yield from RWA payment flow, including invoices, receipt and payment obligations.
According to Plum’s blog post, NPAYFI will also support the inventory management, global trade and commerce. The yields generated will allow businesses to re-prepare the Freed-up Capital in other tasks.
“RWA-unacrupted stabechoin has developed only beyond a means of exchange; They are becoming the backbone of short-term financing solutions, ”said Plum co-founder Teddy Pornprinya. “The new Pafi vafe onchain on the Nest is a major step towards offering the yield with full capacity of payment of payment, offering rapid settlements, low cost and more financial inclusion.”
Layer 1 blockchain of the plum supports more than 180 protocols and a $ 25 million ecosystem for the initial -stage real -world property finance projects. Composable, atherium virtual machine-compatible environment allows for spontaneous on-chain integration and onboarding.
Notable partnership in recent months includes music protocols, superstates and collaboration with Ondo Finance.
Through its collaboration with the music protocol, the plum token enables the music royalty platforms to bring on intellectual property rights, benefiting the real estate, private credits and other real -world property focused projects.
Plum raised $ 20 million in a series A funding round in December 2024.
