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Crypto Lender Cred Is Offering Investors 10% Interest With Spencer Dinwiddie Partnership

Ramsey Baker

Summary: Spencer Dinwiddie, the Brooklyn Nets guard who released his own tokenization platform, has officially partnered with cryptocurrency lending firm Cred, to launch an interest-bearing stablecoin service. On Friday, the new service launched on Dinwiddie’s personal website. On the site users will be able to “pledge” TrueUSD and UPUSD stablecoins, as well as bitcoin, litecoin and ...

Spencer Dinwiddie, the Brooklyn Nets guard who released his own tokenization platform, has officially partnered with cryptocurrency lending firm Cred, to launch an interest-bearing stablecoin service.

On Friday, the new service launched on Dinwiddie’s personal website. On the site users will be able to “pledge” TrueUSD and UPUSD stablecoins, as well as bitcoin, litecoin and ether, earning as much as 10% interest over the course of the term, according to Cred CEO Dan Schatt.

By Ramsey Baker

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