Rhino.fi Launches $2M USDT Credit Market on Plasma to Scale Enterprise Settlements

XPL-2.00%

Rhino.fi launched its inaugural USDT credit facility via the Wildcat protocol on the Plasma network on July 07, offering lenders a projected 10 percent yield. The market debuts with $2 million initial capacity aimed at resolving liquidity constraints in corporate stablecoin settlements and facilitating high-value cross-chain transactions.

Rhino.fi has processed over $15 billion in volume for more than 100 corporate clients across 30 networks, with monthly clearing volumes exceeding $700 million. The platform serves neobanks, payment processors, and trading platforms including Wirex, Karta, Kettlepay, GRVT, and Extended, handling individual transfers up to $10 million.

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