Introducing PACT Protocol on Aptos Network: Revolutionizing On-Chain Lending and Securitization
Over $1 Billion in On-Chain Assets Migrating to Aptos
PACT Protocol has officially launched on the Aptos Network, bringing a fully on-chain lending and securitization infrastructure for licensed lenders in emerging markets. This launch marks a significant milestone, as over $1 billion in on-chain assets are now being brought onto the Aptos Network, following nine months of incubation and collaboration with the Aptos Foundation.
Transforming Global Finance
PACT enables lenders to originate, securitize, and service loans with greater efficiency, ensuring borrowers, originators, and institutional investors operate in a transparent, efficient, and scalable financial environment. PACT is the first participant in the Aptos Foundation’s incubation pilot, a program aimed at supporting and scaling high-impact blockchain projects. Aptos Labs provided strategic and technical consultation for the partnership.
Expanding Access to Credit in Emerging Markets
On-chain credit infrastructure is transforming global finance, particularly in emerging markets where traditional banking services remain out of reach for 85% of the world’s population. By launching on Aptos, PACT is expanding access to credit in underserved markets, making borrowing more affordable and inclusive globally.
Quotes
"We’re thrilled to see the impact PACT will have on the Aptos ecosystem and beyond. This partnership is expanding financial access to those who need it most – users who live in emerging markets across the globe." – Ash Pampati, Head of Ecosystem, Aptos
"This is what real-world blockchain adoption looks like. PACT’s integration with Aptos provides a transparent and scalable solution that reduces costs and expands credit opportunities for underserved communities worldwide." – Solomon Tesfaye, Head of Capital Markets at Aptos Labs
Why Aptos?
PACT chose Aptos for its institutional-grade infrastructure, scalability, and adoption in the financial sector. With support for native USDC and USDT, high-profile integrations, and the ability to process high transaction volumes with low fees, Aptos ensures seamless credit flows while maintaining security and reliability through its Move programming language. PACT utilizes BitGo for custody and compliance, the preferred security and operational backbone for over 1,500 institutional clients in 50 countries.
PACT’s Transition to Aptos
PACT’s transition to Aptos unlocks greater efficiency, broader institutional adoption, and real-world financial impact. With Aptos, PACT is driving new levels of scalability, security, and speed, fundamentally transforming how credit markets operate on-chain.
Conclusion
The PACT Protocol’s launch on Aptos Network marks a significant milestone in the development of on-chain lending and securitization infrastructure. With its scalable, secure, and transparent architecture, PACT is poised to revolutionize the way credit markets operate, bringing greater financial inclusion and access to emerging markets.
FAQs
Q: What is PACT Protocol?
A: PACT Protocol is a permissioned smart contract platform that powers loan origination, payments, warehousing, and securitization fully on-chain.
Q: Why did PACT choose Aptos?
A: PACT chose Aptos for its institutional-grade infrastructure, scalability, and adoption in the financial sector.
Q: What is Aptos Foundation?
A: Aptos Foundation is dedicated to supporting the development of the Aptos protocol decentralized network and driving engagement with the Aptos ecosystem.
Q: How can I participate in the migration to Aptos?
A: For more information on PACT’s migration and how to participate, visit https://pact.foundation/.
