On Wednesday, the Hedera Foundation announced via X that Isle Finance, the first onchain RWA credit marketplace for supply chain finance, will launch its payment network on Hedera to tackle the $2.5 TN global trade gap.
Isle Finance is a new, unique payment network on Hedera that utilizes untapped liquidity in the crypto markets to pay suppliers instantly. It is an “on-chain credit card machine” for suppliers and a three-sided market where everyone wins.
Corporate buyers hold onto their cash, and vendors get paid immediately. Crypto investors who provide liquidity can earn stable yields from the predictable business of companies selling actual things to each other.
Hedera Hashgraph is a distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance. HBAR is trading at $0.23497 at press time, up 1% over the last 24 hours.