You could borrow against your Pax Dollar tokens at rates as low as 6.9% APR. Open an account and transfer your USDP tokens to the platform. Then use the value of those tokens as collateral for an instant loan. Normally no credit checks are required as the platform can use your Pax Dollar tokens to pay off the loan if necessary. The loan itself can be in a different currency to Pax Dollar. USDT and USDC are popular loan currencies. You might also be interested in comparing stablecoin loans.
You could use your other crypto assets such as Bitcoin as collateral for a Pax Dollar loan. You could borrow Pax Dollar at rates as low as 8% APR. Open an account, transfer your collateral currency to the platform and then apply for a USDP loan. If you need some USDP tokens but don't want to sell your collateral tokens then this can be a useful option.
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