According to Foresight News, CreditCoin's token CTC experienced a short-term surge, breaking through 1 USDT before falling back to 0.59 USDT, resulting in a 190% increase within a day. CreditCoin is a blockchain-based credit network designed to integrate directly with lending institutions. Through the Credal API, it creates verifiable credit situations on-chain, establishing an interoperable cross-chain credit market to support financing based on cryptocurrencies.