Clave’s debt from the Credix credit pool is collateralized by the receivables from the borrowers who take out loans, Finizola said. Technically, however, the debt is unsecured, meaning the debtor secures the loan with its reputation and its good financial situation and does not pledge any assets whose value would backstop the loan in case of a default.
DeFi Debt Marketplace Credix to Open a $150M Stablecoin Credit Pool to Digital Lender Clave
