Tectonic (TONIC) is now listed in the Crypto.com App, joining the growing list of 250+ supported cryptocurrencies and stablecoins, including Bitcoin (BTC), Ether (ETH), Polkadot (DOT), Chainlink (LINK), VeChain (VET), USD Coin (USDC), and Crypto.org Coin (CRO).
Tectonic is a decentralised, non-custodial, algorithm-based money market protocol built on the Cronos blockchain. The Tectonic protocol aims to provide secure and seamless money market functionalities for cryptocurrencies, enabling multiple use cases for its users. Users can deposit assets to earn passive income or borrow funds to unlock liquidity in their assets. Tectonic’s native token is TONIC, which will function as the platform’s governance token. Staking TONIC helps to secure the protocol and grants more rewards for users.
Crypto.com App users can now purchase TONIC at true cost with USD, EUR, GBP, and 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.