This paper finds that the use of letters of credit varies systematically across firms. Younger, smaller, and foreign-owned firms are less likely to use them, while less experienced importers rely on them more. spkl.io/633227V71p
Qupital has launched the world's first AI-driven on-chain e-commerce lending protocol, combining Ethereum smart contracts with real-time AI credit monitoring to tackle a US$2.5 trillion SME financing gap. A USD 100M on-chain pipeline is already active. #TradeFinance #DeFi
