Divine

Announcing Credit — an automated, undercollateralized lending system built on stablecoins. Live since December 2024, it has issued 175,000+ loans to 100,000+ unique borrowers worldwide

We raised $6.6M led by Paradigm, with Nascent and strategic angels, to scale and expand Credit

How can a permissionless network issue unsecured credit when the cost of creating a fake identity is zero?

Today, we’re sharing a mechanism for pseudonymous lending that requires neither overcollateralization nor legal recourse.

Credit has now issued 1,000,000+ undercollateralized loans

We’ve raised the vault cap from $2M to $4M

Introducing the Credit Scoring API: real-time creditworthiness data for 500k+ World accounts that have borrowed on Credit

Use it to focus your app and incentives on trustworthy users who are less likely to game or farm your system

docs.world.org/mini-apps/refe…

Credit has issued 500,000+ undercollateralized loans!

To celebrate, we're releasing an analytics page at credit.cash/analytics. Track utilization, share price, real-time loan activity, and more