About Goldfinch

Goldfinch operates by allowing borrowers—currently off-chain lending businesses—to propose terms for credit lines known as Borrower Pools to the protocol. Investors in the Goldfinch community can then fund these credit lines either directly to individual Pools as Backers or indirectly by automatically allocating capital across the protocol as Liquidity Providers via the Senior Pool. Borrower businesses utilize their credit lines to draw stablecoins, specifically USDC, which they convert to fiat currency and deploy locally to end-borrowers. This mechanism offers the global access to capital characteristic of crypto, while the actual loan origination and servicing are handled by businesses familiar with their local markets. Trust through consensus is fundamental: the protocol determines how...