• Kamino Finance raises PYUSD borrowing caps, expanding access and maintaining stable rates.
• Ethena Labs offers PYUSD borrowing at 2.07% APY, appealing to yield-focused investors.
• PYUSD pools on Kamino Finance provide APYs up to 16.42%, attracting stablecoin holders.

Kamino Finance has increased the global borrowing cap for PayPal’s stablecoin, PYUSD to $20 million. This expansion allows users to borrow PYUSD by using any collateral asset they hold on the platform. Notably, the PYUSD borrow rate remains consistent, even at a utilization rate of 80%. This provides a stable borrowing environment regardless of the loan amount.

The PYUSD borrowing cap in the Ethena Labs market has also been raised to $10 million. This enables users to leverage their exposure with USDe and sUSDe. The current PYUSD borrow rate in this market sits at 2.07%, making it an a…

The post Kamino Finance Ups PYUSD Borrowing Limits appeared first on Coin Edition.

• Kamino Finance raises PYUSD borrowing caps, expanding access and maintaining stable rates.
• Ethena Labs offers PYUSD borrowing at 2.07% APY, appealing to yield-focused investors.
• PYUSD pools on Kamino Finance provide APYs up to 16.42%, attracting stablecoin holders.

Kamino Finance has increased the global borrowing cap for PayPal’s stablecoin, PYUSD to $20 million. This expansion allows users to borrow PYUSD by using any collateral asset they hold on the platform. Notably, the PYUSD borrow rate remains consistent, even at a utilization rate of 80%. This provides a stable borrowing environment regardless of the loan amount.

The PYUSD borrowing cap in the Ethena Labs market has also been raised to $10 million. This enables users to leverage their exposure with USDe and sUSDe. The current PYUSD borrow rate in this market sits at 2.07%, making it an a…

The post Kamino Finance Ups PYUSD Borrowing Limits appeared first on Coin Edition.