TransUnion Will Deliver Credit Scores for Crypto Lending

TransUnion, one of the three major credit agencies in the U.S., will deliver credit scores for decentralized finance (DeFi) lenders starting next week, the firm announced on Thursday.

TransUnion will provide traditional (off-chain) credit scores for individuals when they apply for loans on blockchain-based protocols without compromising applicants’ privacy, according to the press release.

Read more: CoinDesk