PANews reported on February 25th that, according to The Block, DeFi-native prime broker Project 0 has launched a new feature called "Project 0 Pay." This feature allows users to borrow USDC by staking their DeFi portfolios to pay for real-life expenses such as credit card bills, without selling assets or interrupting yield generation. Users can directly connect their credit cards and bank accounts to the Project 0 interface; the system calculates the borrowing amount based on spending patterns and automatically converts the borrowed USDC into fiat currency and deposits it into the account. Project 0 founder MacBrennan Peet stated that this move aims to give DeFi portfolios a bank account-like function, allowing for flexible handling of daily expenses while maintaining long-term positions.
Project 0 allows users to borrow and lend using their DeFi portfolios as collateral to pay for actual expenses.
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Author: PA一线
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