KEY TAKEAWAYS
- PACT Protocol integrates with Aptos blockchain, enhancing the on-chain credit market with scalable infrastructure.
- By leveraging Aptos, PACT aims to extend financial inclusion to billions lacking traditional financial services.
- PACT’s integration with Aptos has resulted in $1.89 billion in total loans issued on-chain, showcasing the demand for efficient credit infrastructure.
- Aptos’ robust infrastructure supports PACT’s mission with features like sub-second transaction finality and minimal gas fees.
PACT Protocol has made significant strides in the on-chain credit market by integrating with the Aptos blockchain. This move, announced here, highlights the growing adoption of on-chain credit systems and underscores the suitability of Aptos’ scalable infrastructure for the evolving digital finance landscape.
PACT Protocol facilitates fintech lenders, institutional investors, and capital market participants in issuing, managing, and securitizing loans directly on-chain. By reducing costs and enhancing transparency, PACT aims to make credit markets faster and more accessible. This initiative is particularly impactful as over 85% of the global population lacks access to traditional financial services. By leveraging Aptos, PACT extends financial inclusion to billions worldwide.
Key Features of Aptos Supporting PACT’s Mission
When PACT launched on Aptos, it brought over $1 billion in on-chain assets on its first day. The decision to integrate with Aptos was driven by the network’s institutional-grade infrastructure, which includes several key features.
Aptos processes transactions with sub-second finality, supporting hundreds of millions of daily transactions. This capability is essential for high-volume lending activities. Additionally, the network’s gas fees are minimal, making lending and borrowing cost-effective at scale.
Security is another critical aspect, with Aptos built on the Move programming language, offering a security-first architecture designed to prevent common exploits. PACT Protocol also utilizes BitGo for custody and compliance, a trusted security backbone for over 1,500 institutional clients globally.
Moreover, Aptos’ support for native USDC and USDT enables PACT to interoperate across global financial systems and institutional partners, enhancing financial connectivity.
PACT’s Growing Ecosystem and Future Prospects
Since its integration with Aptos, PACT has reported $1.89 billion in total loans issued on-chain and $610 million in active loans. This growth reflects the demand for efficient credit infrastructure to support global lending at scale.
Looking ahead, PACT’s migration to Aptos is likely to unlock greater network and community engagement as the PACT token continues its transition to the network. From real-world asset tokenization to global lending markets, Aptos provides the performance and credibility needed to power the next generation of digital credit.
With PACT’s innovative model and Aptos’ robust infrastructure, the ecosystem is moving closer to a financial system that is more inclusive, scalable, and accessible for all.
Why This Matters: Impact, Industry Trends & Expert Insights
PACT Protocol’s integration with the Aptos blockchain marks a significant advancement in the on-chain credit market, enhancing financial inclusion and accessibility to credit through a scalable and secure infrastructure.
Recent industry reports indicate significant growth in on-chain credit adoption, driven by DeFi innovations and expanding institutional interest. This aligns with PACT’s initiative to leverage Aptos’ infrastructure to provide efficient and transparent credit solutions, addressing the needs of the unbanked population globally.
Insights from a Crypto Briefing report highlight PACT’s integration with Aptos as a transformative step for on-chain lending, enabling access to scalable credit infrastructure and lowering borrowing costs. This supports the significance of PACT’s move to Aptos in expanding financial inclusion and enhancing the global credit market.
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