Thursday, November 8, 2018

Cred Providing USD Loans with XRP Collateral

The leading provider of crypto-backed lending, Cred, has announced that it will be providing USD loans with XRP as collateral.

Mike Arrington, founder of Arrington XRP Capital has praised the new service, stating that “[Cred] continue to impress me with their ability to act as a trusted bridge between the traditional financial services ecosystem and the crypto community”.

Co-founder of Cred Dan Schatt has stated that the company is “thrilled to offer XRP holders the same low rates and convenient liquidity services as ETH and BTC holders”.

The post Cred Providing USD Loans with XRP Collateral appeared first on cryptodigest.



Cred Providing USD Loans with XRP Collateral

Via: Cred Providing USD Loans with XRP Collateral

A Blockchain is a growing list of records, called blocks, which are linked using cryptography. Cryptography is the practice and study of techniques for secure communication in the presence of third party adversaries. Cryptocurrency is a digital currency that uses encryption (cryptography) to regulate the generation of currency and verify the transfer of funds, independently of a central bank.


Blockchain 101 · Crytpo Currency Market
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