Creditcoin (CTC) 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 Cronos (CRO).
Creditcoin is a decentralised credit network built on Substrate that enables blockchain-based credit transactions and credit history building. Collaborating closely with major financial institutions, Creditcoin endeavors to tokenize real-world assets on the blockchain and tackle the absence of a credit system among the unbanked population in emerging markets. Utilizing a multi-blockchain agnostic protocol, the platform records crucial information such as loan terms, repayments, and credit performance, ensuring the distributed and verified nature of each transaction on the network. Creditcoin features its own token, CTC, which is mainly used for vesting and trading (ERC-20 version).
Crypto.com App users can now purchase CTC and other crypto easily with 20+ fiat currencies, and spend it at over 80 million merchants globally using the Crypto.com Visa Card.