El Salvador is partnering with a solana-based lending corporate to provide crypto loans to companies, document says

El Salvador and bitcoinSOPA Photographs / Getty Photographs

  • El Salvador will be offering small and medium-sized corporations $10 million in cryptocurrency loans this quarter.

  • The rustic will spouse with solana-based platform Acumen, and the loans may have an annual rate of interest of 6% to 7%.

  • This marks the most recent push by way of President Nayib Bukele, a bitcoin bull, to additional mainstream the usage of cryptocurrency.

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El Salvador’s executive plans to provide small and medium-sized corporations $10 million in cryptocurrency loans this quarter,

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