"PACT's integration with Aptos provides a transparent and scalable solution that reduces costs and expands credit opportunities for underserved communities worldwide."
"This partnership is expanding financial access to those who need it most- users who live in emerging markets across the globe."
PACT Protocol has officially launched on the Aptos Network, introducing a comprehensive infrastructure for lending and securitization specifically tailored for licensed lenders within emerging markets. With the migration of over $1 billion in on-chain assets, PACT aims to elevate financial services, making credit access more inclusive and affordable. This initiative is crucial as traditional banking is often inaccessible to up to 85% of the global population. Supported by the Aptos Foundation, the project seeks to transform global finance and facilitate efficient loan origination and servicing.
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