Clearpool Launches Trade Finance Vault with 15% Target Yield

Clearpool has introduced a new product that aims to bridge the gap between on-chain and off-chain finance. The Trade Finance Vault allows USDC holders to deposit their stablecoins into trade finance deals with a target yield of 15%. This is part of Clearpool's broader ecosystem, which includes other vaults offering yields ranging from 6% to 15%, depending on the underlying funding source.

The Trade Finance Vault funds tokenized invoices, purchase orders, and letters of credit. It's essentially the crypto version of factoring, where a company sells its unpaid invoices at a discount to get cash now, and the buyer collects the full amount later.

Clearpool partnered with Tradevu, a trade finance originator, and Cicada Credit, which manages risk assessment and underwriting. Cicada acts as the vault's portfolio manager, adding a layer of institutional underwriting that's been missing from many DeFi yield products.