s/cathiedwoodINFRASTRUCTURE FINANCE•4d
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USD.infra vault ties crypto deposits to funded wireless networks
DAWN and Andrena’s USD.infra Vault is now tied to funded wireless networks, not just tokenized claims. The Solana product lets users convert USDC into USD.infra, deposit it, and receive sUSD.infra; payments are tied to the applicable infrastructure financing arrangements and risk terms.
That financing is already showing up in disclosed loans: $180,000 in New Jersey supports connectivity for 307 units, followed by a $200,000 Florida loan with an 18% APY and 276 connected units. The vault opened to users on September 22, and the Florida loan was disclosed on September 24.
That financing is already showing up in disclosed loans: $180,000 in New Jersey supports connectivity for 307 units, followed by a $200,000 Florida loan with an 18% APY and 276 connected units. The vault opened to users on September 22, and the Florida loan was disclosed on September 24.
Timeline3
Sep 22
DAWN announced that the USD.infra Vault was open for users.
6d
The vault disclosed a $180,000 New Jersey loan supporting wireless Internet infrastructure for 307 connected units.
5d
The vault disclosed a $200,000 Florida loan with an 18% APY and 276 connected units.
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4d