Plume taps into PayPal USD to power new PayFi vault

Plume, a layer 1 blockchain for the financing of active world active ingredients, plans to launch a new payment financing product offering cases of real performance propelled by the Paypal USD Stablecoin.

The USD paypal (Pyusd)-The Payfi safe, nicknamed Npayfi, will be posted on the NID of Plume Network reduction platform platform. Pyusd is currently the eighth largest stablecoin with a market capitalization of more than $ 759 million.

According to a announcementPlume aims to provide payment funding on the channel through this new safe. Stablecoins playing a major role in the active market in the real world, Plume plans to take advantage of Paypal USD as a liquidity layer.

The use of American stablecoin will not only improve global accessibility, but will also offer performance generation opportunities.

Npayfi will allow users to draw from the return on RWA payment entries, including invoices, claims and payment obligations.

According to Plume’s blog, Npayfi will also support stock management, world trade and trade. The generated return will allow companies to redeploy the liberated capital in other operations.

“The stablecoins supported by RWA have evolved beyond a simple means of exchange; They become the backbone of short-term financing solutions, “said Teddy Pornprinya, a pen co-founder. “The new Payfi safe on Nest is a major step towards the supply of the total potential of the financing of onchain payments, offering faster regulations, lower costs and greater financial inclusion.”

The layer 1 blockchain of Plume takes care of more than 180 protocols and has an ecosystem fund of $ 25 million for real asset financing projects at a real stage. The compatible compatible virtual compatible environment of the project and Ethereum allows integration and integration on transparent chain.

Notable partnerships in recent months include collaborations with the musical protocol, superstate and finance Ondo.

Through his Collaboration with the musical protocolPlume allows the tokenized music royalty platform to chain intellectual property rights, benefiting from real estate, private credit and other active in the real world.

Feather raised $ 20 million In a series a series of funding in December 2024.