Lemon Bank Group Launches Permissionless Crypto Lending Protocol LEMLOANS

Lemon Bank Group and Charter One have collaborated to introduce the world’s most advanced permissionless crypto lending protocol, powered by LemonChain, a Layer 1 blockchain designed for real-world utility and rapid decentralized finance (DeFi) innovation. This groundbreaking platform, LEMLOANS, is set to revolutionize the lending landscape by eliminating traditional gatekeepers and intermediaries.

Users can now pre-register and explore the platform’s loan simulator at LEMLOANS.io, ahead of the full beta launch scheduled for Q3 2025. The platform promises a seamless lending experience with no credit checks, applications, approvals, or middlemen. Users can choose their loan amount, term, and approve the smart contract to receive their loan instantly in LUSD, while retaining control of their collateral.

H.E. Dr. Fahed Merhebi, Founder of Lemon Bank Group, emphasized the platform’s commitment to true decentralization, stating, “True decentralization doesn’t ask for permission. We built this protocol to honor that principle. You own your crypto. You control your future. Nobody can say no.”

Beginning July 15, users can pre-register and secure their spot. The beta release will commence with a $50 million lending pool, backed by institutional infrastructure, with plans to expand to over $50 billion in total lending capacity in the coming years, making LemonChain one of the most powerful on-chain credit ecosystems.

LEMLOANS, built on LemonChain’s secure Proof-of-Stake foundation, offers holders of the LEMX token a suite of powerful benefits, including staking, paying for goods and services, pairing LEMX for liquidity, borrowing against holdings, and spending loan proceeds instantly while retaining asset ownership and upside. With flexible terms and interest rates starting as low as 5% APR, users have full control over their financial future.

LemPay, Lemon Bank Group’s flagship payment platform, is tightly integrated into the lending experience, offering instant LUSD loan disbursement, a Visa-powered debit card accepted globally, instant spending or fiat conversion, and real-time transaction and loan tracking. Ryan Fritzsche, CEO of LemPay, highlighted the platform’s role in bridging decentralized finance and everyday life, stating, “By empowering users to instantly access their loan proceeds and spend crypto anywhere Visa is accepted, we’re removing friction and making blockchain assets truly usable.”

Charter One, a trusted international financial institution, brings decades of banking infrastructure and operational security to the Lemon ecosystem. The firm supports retail and commercial banking, global FX and trade services, crypto-to-fiat rails, and compliance, custody, and treasury solutions. Kadiatou Toure for Charter One noted, “By combining modern compliance with borderless innovation, this partnership sets a new standard for the financial world.”

For the first time, decentralized lending is as fast, flexible, and functional as traditional banking, without compromise. Dr. Merhebi concluded, “Web3 gave us sovereignty. Now it gives us credit. Permissionless lending is here — and it’s beautiful.”

Lemon Bank Group is a Web3-native fintech innovator delivering decentralized tools for lending, payments, and digital asset empowerment. With products like LEMLOANS, LemPay, and LemonChain, it is redefining access to capital and financial autonomy for the new internet economy. LemPay is the payments engine of the Lemon ecosystem, offering a full-featured crypto wallet, Visa debit card integration, and seamless settlement between blockchain assets and real-world merchants. Users can instantly spend, convert, or withdraw with complete on-chain transparency. Charter One is an international financial firm focused on modern banking services, liquidity, and fintech collaboration, committed to bridging legacy finance with open protocols, unlocking global access to smarter, faster money systems.