Creditcoin

Creditcoin is an EVM-compatible layer-one network that aims to have lending transactions and credit histories recorded on the blockchain. The project aims in particular to foster application development in decentralized credit, real-world assets and decentralized physical infrastructure networks (DePIN). CTC is the native coin of the Creditcoin network; on Ethereum there is also a token version, known as G-CRE, that trades on exchanges.

The network runs on proof of stake; validators who stake CTC and users who delegate stake to them contribute to block production and receive rewards. CTC is also used to pay transaction fees. EVM compatibility makes it easier to move smart contracts and tools written for Ethereum to Creditcoin. The token version on Ethereum serves as a bridge that gives users access to the mainnet ecosystem.

The CTC price can be influenced by usage of credit and real-world asset applications on the network, the conversion process between the two separate token versions, supply from staking rewards and partnerships in emerging markets. For Creditcoin, Lzzo.com shows DefiLlama's dollar reference price; the historical values in the chart are also sourced from DefiLlama.