This month in RWA: CTC staking, a new Block Explorer and three new RWA partnerships + more details inside.
It’s been a hot summer here in RWA world, and to celebrate we’re releasing the first of our new monthly recap reports. These reports will keep you up to date with all the major updates, content and stories released in the last month. Check out our first edition for July
Creditcoin Block Explorer
Along with all the sunshine, July brought about the release of our brand new Creditcoin block explorer, letting you monitor Creditcoin 2.0 as it records thousands of loans each and every day. The Block Explorer is far from feature complete, though — we still have loads more exciting ecosystem metrics on the way like TVL, default rates and partner-specific loan book metrics.
Our second major release of the month was CTC staking for the Gateway DAO. Now you can wrap and stake your CTC in the Gluwa app, helping to secure the Gateway DAO and earn GATE rewards for doing so.
Hash Rate Soars
Since launching, the Creditcoin 2.0 hash rate has increased from sub 10 GH/s to over 60+ GH/s in less than 4 months!
Gluwa Wallet V.8
Wallet update V.8.0 introduces support for in-app CTC staking, letting users wrap and stake their CTC in return for GATE rewards, the native utility token of the Gateway DAO ecosystem.
3 New RWA Partnerships
July saw the addition of three new and exciting RWA partners.
Digikhata — A Pakistani bookkeeping app with over 1M+ merchants on its platform. Digikhata plans to expand their services to include products such as credit.
Goodloans — A SaaS company providing ML powered credit assessment tools to financial service providers across Africa.
Amiloz — A corner store delivery service in Mexico with plans to extend financial services, including credit, through its local network of corner stores.
We’ll be working with these like-minded partners to help drive opportunities for financial inclusion around the world and deliver on the promises of RWA.
That’s it for our July Recap, tune in next month to get all the latest news from across August.
Creditcoin is a foundational L1 blockchain designed to match and record credit transactions, creating a public ledger of credit history and loan performance and paving the way for a new generation of interoperable cross-chain credit markets.
By working with technology partners, fintech lenders such as Aella, and other financial institutions across global emerging markets, Creditcoin is securing capital financing, building credit history and facilitating trust for millions of underserved financial customers and businesses based on the principles of RWA.
Gluwa is an RWA platform, connecting global capital to emerging market lending and investment opportunities through blockchain technology, and empowering users with the choice and information they need to prosper.