PANews on July 9 reported that Cointelegraph stated that Projective Finance, a platform focused on sustainable finance, has launched a $7 million on-chain loan pool on the Avalanche blockchain. The funds will be used for the construction of solar facilities for public schools in Illinois. The platform allows qualified investors to participate in government-backed renewable energy infrastructure projects using USDC stablecoin through tokenized municipal loans, and all projects are certified by Moody's ratings.
