Divine Research Issues 30,000 Unbacked Crypto Loans Using Sam Altman’s World ID
2025-07-28
Divine Research is offering unsecured loans, having issued over 30,000 short-term USDC loans since December, primarily to underserved global borrowers. Divine Research is using Worldcoin’s iris-scanning for fraud prevention and charges 20-30% interest. Despite a 40% default rate on initial loans, the platform aims to offset losses through interest andContinue Reading