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Avici Launches Stablecoin Borrow Amid New Features
Avici is rolling out several key updates for customers this week as it makes it easier to borrow stablecoins and use its mobile app for spending.
Stablecoin borrowing via crypto asset collateral is on the rise (Pawel Czerwinski / Unsplash)
Avici announces stablecoin borrow features.
The self-custody stablecoin and crypto platform has rolled out new features for customers, including the ability to unlock credit lines from deposited collateral. Users can deposit native Solana tokens and in return receive USDC and EURC loans for spending via Jupiter and Fluid.
Avici provides virtual and physical spending cards partnered with Visa, works with USD and EUR currencies, and offers users the chance to opt into lifestyle rewards akin to traditional card schemes.
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