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BlackOpal

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@blackopal_fi

an intelligent system for emerging market asset-backed finance.
Worldwide blackopal.finance Joined July 2025
108 Following 2.8K Followers 630 Posts

Latest posts 5

BlackOpal Verified account @blackopal_fi
In Brazil, paying for card purchases in interest-free installments is normal, so merchants wait months to get their money.

LiquidStone II buys those receivables at a discount, collects the full amount when they settle and hedges back to USD. That difference is the yield @NestCredit nOPAL holders earn on @arc.
Nest Verified account @NestCredit 5d
Brazilian credit cards moved over $550 billion in 2025, and 42.6% of it was paid in interest-free installments

nOPAL is a Nest vault on @arc that finances Brazilian credit card receivables through LiquidStone II, a fund run by @BlackOpal_Fi. The fund buys those short-dated payments and hedges them back to US dollars.

The yield is the gap between the discounted price and the full amount collected at settlement, and it builds into the nOPAL price.

Deposit USDC, hold nOPAL, and start earning real-world yield on Arc: app.nest.credit/vaults/nest-op…
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BlackOpal Verified account @blackopal_fi
Thanks @RWAFoundation_. For anyone doing diligence, after the sale, repayment no longer depends on the merchant.

It comes from card settlement flows registered with CERC, on a short, self-liquidating cycle. That is the exposure nOPAL holders take.
RWA Foundation @RWAFoundation_ Oct 30
How nOPAL by @blackopal_fi works.

Brazilian merchants sell their card receivables to @blackopal_fi at a discount for cash today. When Visa and Mastercard settle, nOPAL holders earn the spread, at 10.81% APY on @plumenetwork.
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BlackOpal Verified account @blackopal_fi
We confirm nOPAL holders are unaffected. Assets sit in receivables in a regulated settlement framework, and the liquid sleeve in a regulated fund under multi-signature custody. Nothing sits on any exchange.
Plume @plumenetwork Oct 29
All funds are safe.

In regards to the Binance hot wallet hack, all Plume Vaults are safe and unaffected. As always, your vault receipt tokens are non-custodial and do not sit in Binance or any other centralized exchange.

This includes nOPAL, nFXCF, FACTOR, or any other Plume Vault. Whether you are invested through Plume or any other integrated frontend, your funds are safe.
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