Kamino Finance Ups PYUSD Borrowing Limits

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