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Creditcoin (CTC) is the 131st largest cryptocurrency in the world by market cap, valued at $392,346,227. The current price of Creditcoin is $0.5687, which is 3.250% higher than yesterday. Prices have ranged between $0.587718 and $0.547868 over the past 24 hours. All prices are listed in US dollars and accurate as of January 27, 2023 12:01 UTC.
Creditcoin is a decentralized credit network built with the aim of transforming digital wallets into an investment market. Jointly created by the teams behind Gluwa and Aella, Creditcoin is an investment protocol aiming to develop an inter-blockchain lending market.
The end goal is a secure and transparent lending market where borrowers and lenders can connect directly with one another to organize cryptocurrency loans. The team behind the project claims that this will allow people without a credit history – the so-called “unbanked” who don’t have access to financial services – to have their transactions recorded objectively on a secure blockchain. Creditcoin users can use the native currency of the ecosystem, CTC, to pay network transaction fees. Check out the Creditcoin one-pager for a quick overview of how it works.
Disclaimer: Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.
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