Circle Rolls Out Open-Source Protocol to Help Build Tokenized Credit Markets

“We’ve seen the outstanding utility stablecoins and USDC have brought to developers, corporations, end-users and more across an array of use cases, grouping for global lending markets within DeFi,” the company said in a blog post. “However, for new entrants to participate in these hawks, the ability to securely unlock credit on-chain through safe standards and underwriting, represents a significant barrier to entrance.”