3Jane x Erebor: Fintech Facility Funding
3Jane protocol is using Erebor as its bank. Ahead of launch, we've integrated with their API to run the dollar leg of our credit operations: offramping staged stablecoin funds, wiring USD to fintech originators, collecting USD repayments, and routing yield back into the 3Jane protocol via onramp.
Erebor is a nationally chartered U.S. bank built for this. Their API lets us treat the entire dollar side of the protocol — offramp, disbursement, collection, onramp — as software, tightly integrated with stablecoin rails. Same auditability as the 3Jane protocol, same speed, no human-in-the-loop for routine operations.
Flow of Funds
- Staging offramps. Capital deposited into 3Jane is converted from stablecoin to USD and parked in our Erebor account.
- Funding facilities. When a fintech originator draws on a 3Jane credit facility — warehouse lines against new originations, whole-loan purchases from back-book sales, or forward flows — the wire goes out from Erebor to the fintech lender's account.
- Cash collection. Interest on warehouse lines and principal-plus-interest on whole-loan purchases comes back into the same account via ACH or wire.
- Onramping yield. Collected interest is converted back to stablecoins and distributed onchain to USD3 and sUSD3 holders.
About Erebor
Erebor is a nationally chartered U.S. bank serving crypto-native businesses and technology companies. Their API-first model provides programmatic access to stablecoin, wire, ACH, and treasury operations.
About 3Jane
3Jane is a cryptonative credit protocol offering programmable credit facilities for fintech lenders. Access $5m–$200m in capital through warehouse lines, participations, and forward flows. Scale as you grow. Economics that improve over time. 3Jane issues a credit-backed dollar (USD3) and its levered yield form (sUSD3) to fund facilities.
