Clearpool’s Evolution: Payment Financing for the Stablecoin Economy

Clearpool is expanding into Payment Financing (PayFi), a rapidly growing credit vertical powering global stablecoin payments for leading fintechs across remittance, card processing, and on/off-ramp services. 

Clearpool will be launching a new product, PayFi Credit Pools, for users to access these highly liquid, real-world yield opportunities and cpUSD, a permissionless, yield-bearing asset that enables retail to tap into the fastest-growing segment of real-world stablecoin payments. 

✓ Highly liquid

✓ Non-crypto-related, real-world yield 

✓ No long lockups

✓ DeFi-composable

The Stablecoin Moment Is Now

Stablecoins have become core infrastructure powering payments, remittances, and merchant rails worldwide. From LATAM to Africa to Southeast Asia, and even Europe or the US, a new generation of fintechs is using USDC and USDT to settle real-world flows instead of traditional banking rails. 

However, while stablecoins settle quickly, fiat money doesn’t always move as fast.

Fintechs Need Working Capital

Remittance platforms, cross-border processors, and card issuers process billions of dollars every day. But to deliver instant transfers or swipe-to-settle experiences, they must prefund liquidity.

Meanwhile, settlement from the sender side takes 1-5 days. Without credit, these fintechs face a cash gap, a working capital void that slows down their operations.  

Enter Payment Financing (PayFi), a trillion-dollar industry once reliant on heavy pre-funding, is now being revolutionized by stablecoins offering real-time liquidity and flexible funding solutions. 

“After originating over $830+ million in stablecoin loans, Clearpool is evolving to build the credit infrastructure needed to power the trillion-dollar stablecoin payments industry,” said Jakob Kronbichler, CEO & Cofounder of Clearpool. “What many overlook is that while stablecoins settle instantly, fiat does not, forcing fintechs to front liquidity to bridge that gap. Clearpool is solving this with trusted, proven credit infrastructure, now advancing further through PayFi credit pools and cpUSD.” 

Clearpool’s PayFi Credit Pools

Introducing the first PayFi Credit Pools through Port Vaults. Clearpool facilitates credit to institutional lenders specializing in short-term stablecoin-based working capital to fintech operators. This includes remittance platforms or credit card issuers that must front liquidity for every transaction.  

Clearpool is the liquidity behind the liquidity.

PayFi credit is:

• Short-cycle (1-7 days)
• High velocity (repaid fast, reused faster)
• Yield-generating (double-digit APYs)
• Backed by real receivables (payment float, receivable financing, etc.)

This is working capital for the rails of stablecoin commerce.

Meet cpUSD

Today, we’re excited to unveil cpUSD — a permissionless, yield-bearing asset backed by Clearpool’s PayFi Credit Vaults. Its yield comes from fintechs moving billions of dollars in USDC and USDT, where there is actual capital demand in the fastest-growing corner of global finance.

Why cpUSD Delivers Superior Yield

1. High Margins from Short-Term Credit

• PayFi is one of the most profitable forms of short-duration credit. Fintechs are willing to pay premium rates (1-2%) for instant access to liquidity that keeps their payment rails running. cpUSD captures this margin and translates it into competitive, sustainable yield.

2. High Liquidity for Redemption 

• PayFi credit typically revolves within 1–7 days, enabling capital to be repaid and redeployed quickly. This high velocity makes cpUSD highly liquid and easily redeemable, while minimizing duration and interest rate risk. To top it off, its backing also includes liquid yield-bearing stablecoins as a cushion for redemption demand.

3. Tied to Real Demand Uncorrelated to DeFi Cycles

• cpUSD yield is powered by actual capital needs in stablecoin-settled payments from remittances to card flows. This makes cpUSD structurally uncorrelated to crypto market cycles and much closer in behavior to traditional trade finance.

How It Works

cpUSD is minted into an ERC-4626 smart vault, with capital allocated across two core strategies:

• 75% → PayFi Credit Port Vaults:
  • These pools finance short-term, receivables-backed credit to institutional lenders serving real-world fintechs, such as remittance platforms and card processors.
• 25% → Liquid Yield-bearing Stablecoins (e.g. cUSDX, sUSDe)
  • This buffer enhances liquidity and ensures cpUSD can support fast redemptions.

Clearpool’s Established Advantage

Clearpool already has established strong relationships with sophisticated institutional capital providers who understand credit risk and demand institutional-grade underwriting. These allocators are actively seeking alternatives to 4-5% Treasury and 6-8% credit yields. PayFi delivers this real-world yield, offered in stablecoins and with blockchain capital efficiency.

Unlike crypto-only protocols, Clearpool bridges the gap between traditional capital and the stablecoin-powered economy. Our compliance framework is ready to support PayFi, and our Asia domicile positions us at the heart of a region responsible for 50% of global payments revenue. 

We’ve already facilitated over $800 million in stablecoin credit, serving institutional borrowers such as Jane Street and Banxa. 

We are now expanding into real-world payment flows, delivering receivables-backed, high-yield financing in stablecoins. We’re starting with the strongest users of working capital: remittance and cross-border fintechs. These players already live in USDT/USDC. They don’t need to be onboarded to crypto — they are crypto. They just need capital to move faster.

The Road Ahead

Stablecoins are already reshaping how value moves across borders, platforms, and networks. Clearpool is building the credit layer that powers short-term liquidity, keeping the money moving.

PayFi is that capital. Clearpool is that infrastructure. cpUSD is the asset.

More information about strategic partnerships, the first fintech borrowers, and the new PayFi vaults will be released shortly.

With Clearpool Payment Financing and cpUSD, fintechs can unlock yield, bridge capital gaps, and accelerate operations in the real-world stablecoin economy.