Aptos: The lending protocol PACT has officially bridged to Aptos

ChainCatcher news, Aptos announced on platform X that the lending protocol PACT has officially bridged to Aptos, bringing $1 billion worth of on-chain assets to Aptos. The PACT protocol aims to leverage Aptos's ultra-low-cost infrastructure to connect billions of underserved borrowers directly with global capital markets.

The next steps for the PACT protocol on Aptos are:

• Migration of PACT tokens to Aptos;
• Providing a 1:1 token bridge for holders;
• Transition and updates for future governance;
• Establishing strategic and technical partnerships with Aptos to accelerate progress.