PACT Protocol Brings $1B in On-Chain Assets to Aptos Network

PACT Protocol, a leading on-chain lending and securitization infrastructure provider, has launched on the Aptos Network, bringing over $1 billion in on-chain assets to the high-performance blockchain. This launch follows nine months of incubation and collaboration with the Aptos Foundation.

PACT enables licensed lenders in emerging markets to originate, securitize, and service loans more efficiently, ensuring transparency, efficiency, and scalability for borrowers, originators, and institutional investors. The protocol is the first participant in Aptos Foundation’s incubation pilot, with Aptos Labs providing strategic and technical consultation for the partnership.

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.

PACT chose Aptos for its institutional-grade infrastructure, scalability, and adoption in the financial sector. The network's support for native USDC and USDT, high-profile integrations, and ability to process high transaction volumes with low fees ensure seamless credit flows while maintaining security and reliability through its Move programming language. PACT Protocol utilizes BitGo for custody and compliance, the preferred security and operational backbone for more than 1,500 institutional clients in 50 countries.

Joshua March, President of Pact Labs, the technology and infrastructure provider behind the PACT Protocol, stated, "PACT’s transition to Aptos unlocks greater efficiency, broader institutional adoption, and real-world financial impact. With Aptos, we’re driving new levels of scalability, security, and speed, fundamentally transforming how credit markets operate on-chain."

The PACT Protocol enables fintech lenders, institutional investors, and capital market participants to issue, manage, and securitize loans directly on-chain, reducing costs and expanding access to global credit markets. All existing PACT holders will have the opportunity to migrate their tokens to Aptos via an official 1:1 token bridge, with clear instructions provided. The total supply of PACT remains unchanged, and the Celo PACT token will continue to support ongoing initiatives. Future governance and ecosystem development will take place on Aptos as PACT transitions to its upgraded token.