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UCC Article 12 Offers Banks A Chance To Dive Into 'DePINs'

By Chris McDermott ( October 29, 2024, 3:49 PM EDT) -- When a trade and commodity finance bank makes a secured loan to a commodities trader, the ultimate origin of the collateral is physical commodities. Even if the collateral transforms into intangibles like receivables, forward books or contract rights, it all started out with physical stuff....

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