The crypto-native brokerage Project 0 has launched "Project 0 Pay," allowing users to borrow against their DeFi investment portfolios as collateral

According to The Block, the DeFi native prime broker Project 0 is about to launch Project 0 Pay, which provides users with a way to use the liquidity of their crypto portfolios to pay off credit card debt without selling assets or interrupting yield generation.

This new feature essentially tracks users' spending to provide end-of-month statements and calculates borrowing transactions against their portfolios. If approved, the transaction will cover the expenses for that period without liquidating their held assets.