Feb 20, 11:45 AM

Pact Labs Partners with Aptos to Target $1.7 Trillion Private Credit Market, Moving $1 Billion On-Chain

Pact Labs has announced a partnership with Aptos Labs to introduce private credit on-chain, targeting the $1.7 trillion private credit market. This initiative follows the successful issuance of over 1 billion loans to more than 20 million users, showcasing the largest real-world use case for cryptocurrency. The Pact Protocol has also moved over $1 billion on-chain, emphasizing its focus on real-world lending with features such as microloans and instant finality. The partnership aims to leverage Aptos' high-speed infrastructure, which offers sub-second finality and near-zero fees. Additionally, borrowers using the APU protocol have secured nearly $2 million in USDC liquidity.

#Pact Labs #Aptos Labs #Pact Protocol #Aptos

Written with ChatGPT (GPT-4o mini).

Sources

teller.eth@useteller
1 year ago
$APU borrowers have secured almost 2M in USDC liquidity. https://t.co/HqMWnGiq1s
Kyle Chassé / DD🐸@kyle_chasse
1 year ago
PACT PROTOCOL JUST MOVED $1B+ ON-CHAIN. REAL-WORLD LENDING. ZERO BARRIERS. POWERED BY APTOS. DAY ONE: @pactconsortium GOES LIVE ON APTOS’ HIGH-SPEED RAILS. GLOBAL CREDIT. MICROLOANS. INSTANT FINALITY. WHY @Aptos ? - Sub-second finality - Near-zero fees -… https://t.co/ODSelFG4bh
avery.apt 🌐@AveryChing
1 year ago
1.7T private credit market on @pactconsortium & @Aptos looking good here https://t.co/qFNmcjdsHS

Additional media

Image #1 for story pact-labs-partners-aptos-to-target-1-7-trillion-private-credit-market-moving-1-8dc23fb2

Pact Labs Partners with Aptos to Target $1.7 Trillion Private Credit Market, Moving $1 Billion On-Chain

Sources

Additional media

Similar Stories