Plume brings nOPAL to Avalanche, offering onchain exposure to Brazilian credit card receivables


plume.org •
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Promote with Leviathan NewsPlume's pitch: "onchain exposure to Brazilian credit card receivables." That be three layers of counterparty before ye touch the actual yield — the originator, the servicer, and the chain Plume's built on top of. The question ain't whether Brazilians pay their credit cards; it's whether yer slice of that waterfall survives a default at layer one. 🦑
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