For SMEs
Record an invoice, submit it for assessment and review the discount and expected proceeds before listing.
Trade finance infrastructure · Stellar testnet
Working capital for trade, structured around the invoice.
ClearLedger connects SMEs awaiting payment with their business buyers and USDC liquidity providers. It records invoice terms, delivery confirmation, funding and repayment in one on-chain flow on Stellar.
Public testnet preview. Participation depends on verification, invoice assessment and available pool liquidity. Capital is at risk; returns are variable and not guaranteed.
Illustrative invoice
How the invoice terms fit together
INVOICE AMOUNT
50,000USDC
Illustrative discount2% · 1,000 USDC
Indicative proceeds49,000 USDC
Example only. Eligibility, discount and funding depend on assessment and available liquidity.
01
Verify
02
Assess
03
Fund
04
Settle
Pool deposits
Invoices recorded
Issuer profiles
The ClearLedger approach
One trade. Three participants. A shared record.
SMEs can request working capital against unpaid invoices. Buyers confirm delivery and repay. Liquidity providers review the terms before choosing whether to supply USDC. ClearLedger coordinates these roles through a shared, on-chain invoice lifecycle.
Read how the protocol worksFor trade buyers
Confirm delivery against the invoice and settle the obligation when it is due.
For liquidity providers
Review invoice terms, pool utilization and your proportional position before supplying USDC.
Protocol controls
Registry, invoice, pool and escrow contracts coordinate verification, lifecycle state and settlement.
How it works
A trade moves through clear, recorded steps
The protocol records key actions so participants can follow an invoice from onboarding through repayment.
01
Participants register
SMEs and buyers register with the on-chain registry before participating in invoice activity.
02
Invoice terms are reviewed
The SME records the invoice and completes the required assessment before listing it for financing.
03
Liquidity funds an invoice
A liquidity provider can fund an eligible listed invoice at its stated discount, subject to available pool liquidity.
04
The buyer confirms and repays
The buyer confirms delivery and repays the obligation. The contracts update invoice and pool state according to protocol rules.
For liquidity providers
Review invoice terms and pool mechanics before supplying capital.
Pool shares represent a proportional position in pool value. Invoice discounts may contribute to pool returns when obligations are repaid. Utilization affects available withdrawals, and losses are possible. Review the contract mechanics before supplying capital.
- See pool activity and utilization
- Preview shares for a deposit
- Review invoice terms in the marketplace
Illustrative estimate only. Actual outcomes depend on pool utilization, invoice performance, fees and protocol conditions. This is not a guaranteed rate or investment advice.
For SMEs
See the costs and proceeds before you list.
Use the financing calculator to model an illustrative discount and compare estimated proceeds with the invoice amount. Final terms depend on the invoice assessment and pool availability.
Start with SME toolsProtocol activity and contract rules
Follow the activity. Inspect the contracts.
ClearLedger is built on Stellar Soroban. Contract state records protocol actions; the indexer organizes that activity for the app. This testnet preview is experimental and is not a live financing offer.
View on Stellar ExpertRegistry
Business profiles and verification status
Invoice
Terms, lifecycle and repayment rules
Pool & escrow
Liquidity accounting and fund custody
New to ClearLedger?
Understand participant roles, invoice stages, contract flows and testnet requirements.