Wormhole now supports Creditcoin, a Layer 1 blockchain for purpose-driven organizations aiming to achieve greater global social impact. This integration establishes Wormhole as an interoperability provider for Creditcoin, facilitating native transfers of Creditcoin's native asset, CTC, from Creditcoin’s network to Binance Smart Chain and Ethereum mainnet with Wormhole’s NTT (Native Token Transfers) standard.

What is Creditcoin and CTC?

Creditcoin is a Layer 1 blockchain designed to help builders create real-world asset (RWA) and DePIN applications that natively utilize verifiable onchain credit reputations, thus connecting digital infrastructure to real-world solutions. Its credit-focused foundation enhances dApp development with its built-in credit features, helping bridge traditional finance with decentralized systems and expand financial access for the underbanked.

The native asset, CTC, powers the network through transaction fees, expanded ecosystem access, and staking, playing a central role in securing and operating the ecosystem.

How Does Creditcoin Work?

As the underlying L1, Creditcoin provides dApp builders with the core infrastructure to support their users in building credit histories within its sustainable economic model, by relying on a few core mechanics:

• Onchain Credit Records: The protocol transparently and immutably records credit histories onchain, allowing anyone to publicly verify loan performance and build a financial reputation.
• EVM Compatibility: Creditcoin is EVM-compatible, enabling developers to use standard Ethereum tooling to write smart contracts and dApps that are seamlessly compatible with any other ecosystem running the Ethereum Virtual Machine.
• NPoS Consensus: The network is secured by a Nominated Proof-of-Stake algorithm, which relies on CTC staking to maintain network integrity and security.
• Universal Smart Contracts: The network’s upcoming Universal Smart Contract technology (USC) is designed to enable protocols to interact with data and assets across multiple chains without transfers.

CTC Expands Multichain with Wormhole NTT

With this integration, CTC leverages Wormhole’s NTT (Native Token Transfers) standard to expand natively to Ethereum and BNB Chain while eliminating liquidity fragmentation. This expansion joins CTC with other leading assets like Lido’s wstETH, Sky’s USDS and M0’s M token in adopting this open and composable standard. NTT enables CTC to operate with a unified supply across blockchains through a secure burn-and-mint mechanism, ensuring Creditcoin maintains complete control over the token’s behavior on each chain, including customizability, metadata management, and ownership or upgradeability.

How to Transfer Assets to or From Creditcoin

Users can transfer assets between Creditcoin, Ethereum and Binance Smart Chain via Portal:

• Head to Portal
• Connect your Wallet
• Select Creditcoin as either the Source or Target chain for your transaction
• Complete the transfer process

---

About Wormhole

Wormhole is the leading interoperability platform that powers multichain applications and bridges at scale. Wormhole provides developers access to liquidity and users on over 40 of the leading blockchain networks.

The wider Wormhole network is trusted and used by leading crypto projects like Sky and Uniswap, and used as the official interoperability provider for institutions like BlackRock, Apollo, and VanEck. To date, the platform has facilitated the transfer of over 65 billion dollars through over 1 billion cross-chain messages. To learn more about Wormhole, follow on X, join the Discord, and subscribe to the newsletter.