Collateral Management
On-chain collateral proof of reserve
Supported Cryptocurrencies
Credible supports a range of digital assets as collateral, including:
Bitcoin (BTC)
Ethereum (ETH)
Solana (SOL)
USD Coin (USDC)
On-Chain Proof of Reserve
To enhance transparency and trust, all collateral is recorded on-chain, with a proof of reserve available 24/7. This level of transparency prevents scenarios similar to those experienced by platforms like Vauld, BlockFi, and Celsius in the past. Users can verify the status of their collateral in real time, ensuring that the platform operates with the highest standards of integrity.
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