Ultraviolet

Unsecured credit for people that use crypto cards

[Ultraviolet @UVcredit]

Early preview is live.

Connect a wallet, get a USDC credit line, and borrow against what you already hold. No collateral, no credit score.

Sign up, and we'll email you an access code.

https://t.co/thT997d1VR

[Ultraviolet @UVcredit]

Over the last few weeks, we’ve been trialling CreditLine with @minipay users.

- Open CreditLine in MiniPay.
- Get an approved credit limit in seconds.
- Borrow USDT directly to your balance.

We’re opening early access to more people now. Sign up at https://t.co/jATB8ssw4P.

[Jacob Ford @uv_jacob]

New users have a finite amount of energy before they bounce. The job is getting them to the magic moment first.

On Ultraviolet, it's connecting your wallets and cards and getting a credit line.

So I've moved KYC out of the way. You can now connect your wallets, see your line, and you only need to KYC once you decide you want to borrow.

[Ultraviolet @UVcredit]

"If your income arrives in your wallet instead of a bank, it effectively doesn't exist."

To every lender on earth, this person has no income:

$2,100 in USDC.
12 months of history.
No liquidations.
$350 of monthly USDT income.

[Jacob Ford @uv_jacob]

Stablecoins have been the missing piece for a global credit product.

Millions of people now earn on better payment rails.

All of them have made their financial life better and their access to credit worse.

Nobody has built the credit layer for them yet. https://t.co/E2BAM6Upoq

[Ultraviolet @UVcredit]

Ultraviolet is building a new credit system on stablecoin rails.

Stablecoins unified payments, they will unify borrowers too.

You can't put a peso income and a shilling income in the same credit model. But you can with USDC.

That's what makes a global credit model possible.

[Jacob Ford @uv_jacob]

Stablecoins have been the missing piece for a global credit product.

Millions of people now earn on better payment rails.

All of them have made their financial life better and their access to credit worse.

Nobody has built the credit layer for them yet. https://t.co/E2BAM6Upoq

[Ultraviolet @UVcredit]

@tstereth 🤝