$1M Distributed to Fund Student Loans The first $1 million raised on-chain has now been distributed to borrowers—directly funding student loans across Southeast Asia. Real capital, real impact. This is what DeFi looks like when it works for people. Onward.

Check out the full story in our press release:

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Education is so important and we believe everyone should have access to it. Congratulations to Pencil Finance for this incredible move and for leveraging blockchain to solve real-world problems!

Thanks for the support all along! Let's make history together.

Congratulations @pencilfinance_! As an industry, we'll look back and say "in hindsight, it was inevitable"

Was that a small step for us, but a meaningful stride for on-chain finance?

That’s an inspiring milestone congratulations! It’s powerful to see DeFi being used not just for innovation, but for real world impact. Empowering students through accessible capital can transform communities.

Pencil is the real KING !!

1 million is huge

finally there is some good project soon

Congrats Pencil Finance on making history! It's the first step in bringing $3T on-chain and opening up access to education for more students across the globe!

There is still a long way to go. Let's make it happen, together.