Crypto's most exciting real-world application often begins with *Grayscale arbitrage*.

@pactfinance's approach is very straightforward: global credit rate arbitrage (backed by a massive market of 300 trillion).
Macro & traditional model:
> As the US dollar enters a rate-cutting cycle, funds are urgently seeking high-yield opportunities
> In emerging markets like Latin America and Southeast Asia, credit rates have been consistently as high as 20%-30%
> But the huge interest rate spreads are traditionally eaten up by SWIFT, correspondent banks, and compliance costs
> Retail investors find it difficult to participate
$PACT 's solution:
> Building an on-chain mirror version of a “cross-border credit settlement system”
> The model is somewhat similar to Chainlink
> It’s not just a simple RWA wrapper, but an “end-to-end infrastructure” covering loan issuance, service management, and repayment
> Connecting with compliant fintech institutions to precisely match US dollar stablecoins to the highest-yielding real economy sectors
> Through institutional risk control isolation, allowing ordinary people to safely benefit from this wave of “global credit dividends”
Differences & first-mover advantages:
> Most DeFi projects are still competing in payments and lending, but PACT has taken the lead in a deeper competitive moat: the credit sector
> In financial services: payments are highly competitive, a low-margin “pipeline,” while lending has high thresholds and huge profits
> Lending is a “long-term binding.” Once users borrow money, they will borrow/repay regularly, creating high-frequency interactions and credit data
> Moreover, the first-mover advantage in lending can quickly establish core partners and bases
> Later, it can naturally extend into payments and savings
Aptos official incubated project:
> PACT’s real consumer finance is a high-frequency business, perfectly matching the sub-second concurrency of Move-based systems and Aptos’s differentiated scene positioning
> Currently, PACT has already processed over $1.9B in real loans, combining “real cash flow” with “official strategic positioning”
> If the price is right, the odds of participating in the ecosystem are quite good.