Cred, the decentralized global lending platform, has secured $200,000,000 USD in crypto-backed lending facilities. In addition to securing this unprecedented lending facility, Cred has also announced an important milestone in their partnership with Uphold. Cred’s LBA token is now available in 170+ countries on Uphold’s secure crypto and fiat banking platform. Uphold users will be able to purchase LBA with crypto, cash and via debit/credit cards, as well as obtain token-backed loans.
As part of this partnership, Uphold is currently offering zero commission transactions for all purchases of LBA. Cred’s LBA token will offer benefits to Uphold members such as a substantial reduction in interest rate loans, as well as a streamlined loan process. This listing highlights the expanding Cred ecosystem and deepening pool of liquidity available worldwide.
“We’re excited to take our partnership to the next level with Uphold and prove out a model in which crypto can be leveraged to get everyone a fair deal…We’ve always thought of Uphold as the bank for the token economy given it’s highly secure and transparent reserve infrastructure, and we’re thrilled to be partnering with such visionary leaders in the crypto ecosystem.“ – Dan Schatt, Co-founder, and President of Cred
Cred is a decentralized global lending platform that facilitates open access to credit anywhere and anytime. Founded by former PayPal financial technology veterans, Cred has secured over $200,000,000 of lending capital with offices in San Francisco, Shanghai, Singapore, Sydney, and Munich. Cred’s mission is to harness the power of blockchain to allow everyone to benefit from low-cost credit products. Cred brings together a diverse team of entrepreneurial leaders, machine learning, and the power of blockchain technology.
Cred’s LBA Token is available on Uphold here: https://uphold.com/
Inquire about a Cred Loan: http://bit.ly/CredLoan
Email Inquiries: [email protected]