CREDI brings private credit markets to Starknet with encrypted transactions and confidential borrower data

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CREDI, an invoice financing protocol developed by Credilabs, is launching on Starknet with encrypted transactions that preserve borrower confidentiality and loan terms. The protocol joins Starknet’s inaugural Proof of Privacy cohort and uses the STRK20 framework to enable cryptographic verification without exposing underlying data. Since its Ethereum launch in May 2024, CREDI has financed over 1,710 invoices totaling more than $4 million, with an average advance rate of 69.78% and zero defaults recorded. The realized yield across the financed book stands at 29.3%, while the $CREDI token offers annual returns of 12% to 18% for stakers committing funds for 3 to 24 months. CREDI is targeting a global private credit market estimated at $1.75 trillion.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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