Libra Credit is a decentralized lending ecosystem that facilitates open access to credit anywhere and anytime based on the Ethereum blockchain. Libra Credit is a global initiative with a mission to provide financial inclusion and lower the cost of financial services. Powered by its proprietary big data, AI-based credit assessment technology and existing global partnership networks, Libra Credit has the expertise and capabilities to realize its mission. Libra Credit aims to offer a seamless digital lending process that can be completed in 5 steps: application, verification and credit assessment, confirmation, collateral deposit, and disbursement. The Libra Credit platform will focus on a dual-credit risk scoring mechanism that considers the creditworthiness of the pledged collateral as well as the credit information of the borrower. Borrowers will be able to pledge any crypto-assets as collateral and receive loans in their desired asset. Using smart contracts and a proprietary collateral valuation and liquidation system, Libra Credit will lock in agreed terms between borrows, lenders, custodians, guarantors and liquidators.
Libra Credit was founded in 2017 and operates out of San Francisco, USA. They are backed by investors such as FBG Capital, GBIC, DHVC, Dekypt Capital, Crypto Parency, and others. Lu Hua, Co-Founder & CEO has experience in the payments, financing, and risk management industries. He was previously the CEO of moKredit, one of China’s top digital credit servicing companies. Lu was also the Head of Core Payments for PayPal China and the Head of Global Banking Platform for PayPal US. Dan Schatt, Co-Founder & COO has previously worked as the Chief Commercial Officer at Stockpile Inc., a leading fintech company, and as General Manager of Financial Innovations at PayPal. Howard Wu, Chief Scientist, he is a blockchain and cryptography expert who is a Founding Partner of Dekrypt Capital, Advisor of Blockchain at Berkeley, and Software Engineer at Google. He advises the project in a technical capacity and has received a Master’s degree in Electrical Engineering and Computer Sciences from UC Berkeley.
There are already quite a few blockchain lending projects, so competition is stiff. Libra Credit’s development progress is rather early compared to its competitors. The crypto-to-crypto lending part seems to be well thought out. However, not so much with the crypto-to-fiat part. According to the roadmap, crypto-to-fiat lending is scheduled to launch in 2018 Q3. With details lacking in the weekly blog update about crypto-to-fiat lending, it is difficult to gauge whether the proposed timeline is reasonable.
What is the highest value Libra Credit (LBA) has ever reached?
Libra Credit (LBA) reached its peak price at 0.3399 $ on 23 May 2018, approximately 8 years ago ago. Presently, the current price is -99.98% lower than this all-time high.
What is the historical minimum price for Libra Credit (LBA)?
The minimum price reached for Libra Credit (LBA) was 0.00005101 $, documented on 12 June 2025, more than 6 months ago. In comparison, the current price is 19.3%, it above this historical low.
What is the fully diluted valuation of Libra Credit (LBA)?
The fully diluted valuation (FDV) of Libra Credit (LBA) stands at $ 60,861. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of LBA tokens. The realization of this FDV might take several years depending on the emission schedule of LBA tokens.
How to add Libra Credit (LBA) to MetaMask?
By integrating Libra Credit (LBA) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import LBA as a token. You can either manually import LBA by copying its contract address (0xfe5f141bf94fe84bc28ded0ab966c16b17490657) or use MetaMask's Chrome extension to add LBA with a single click through P.CASH.
How to add Libra Credit (LBA) to TrustWallet?
Incorporating Libra Credit (LBA) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include LBA, you can either manually import it using the contract address (0xfe5f141bf94fe84bc28ded0ab966c16b17490657) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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