Mission
Our Goals
- Define and publish norms, standards, and practices relevant to under-collateralized crypto lending.
- Establish audit and certification mechanisms.
- Encourage and inform sensible, actionable, and consistent regulation around the world.
Standards
CCA sub-committees will work with Members to define standards in three key areas as data and the market value/need differ significantly:
- Consumer credit
- Corporate ratings
Regulatory
Regulatory uniformity is absolutely essential to the crypto credit industry. In order for that to happen, the CCA must work very closely with regulators across the world in order to ensure that their work is in line with CCA guidelines.
Crypto Credit in numbers
$1 Billion
Value locked in DeFi in 2020
1 Million
Active DeFi users
$40 Billion
Total assets in the industry in 2020