Creditcoin x Arkadiko Partnership

Published on: 03.04.2022

Creditcoin partners with Arkadiko to integrate USDA into the OpenFi Ecosystem.

The Creditcoin Foundation is committed to building a better future for finance, based on the principles of openness, transparency and accessibility for all — the cornerstones of the Open Finance Ecosystem, but we can’t do it alone.

That’s why they’re excited to announce its latest partnership with Arkadiko. The Creditcoin Foundation will be working with Arkadiko to integrate their innovative USDA stablecoin, native to the Stacks protocol, into the OpenFi Ecosystem.

By integrating USDA, the Creditcoin Foundation is unlocking new OpenFi liquidity pools for emerging-market capital raising, whilst giving investors on Stacks unprecedented access to real-world credit investment opportunities in Africa and beyond aimed at boosting financial inclusion. This means we’ll be adding USDA support for the Gluwa Wallet, and more importantly, Creditcoin-enabled Gluwa Invest products.

They look forward to a long and fruitful partnership and being an essential part of the Bitcoin-DeFi ecosystem.

 

About Creditcoin

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 market.

 

About Arkadiko

Arkadiko is a decentralized, non-custodial liquidity protocol on the Stacks blockchain, which enables smart contracts on Bitcoin. Users can collateralize their assets and mint a stablecoin called USDA. This enables depositors to gain increased liquidity in the form of a soft-pegged US Dollar stablecoin, while maintaining original asset exposure.

 

SOURCE:

MEDIUM

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