# ExactlyProtocol Launches Credit Market With Card and BNPL Options on Optimism By Simon Yoon Canonical URL: https://www.tokenpost.com/news/technology/38771 Published: 2026-10-23T06:47:55.000Z Updated: 2026-10-23T06:47:55.000Z Section: Technology > Estimates put onchain credit at about $60 billion, while annual credit origination outside blockchains is roughly $200 trillion. Optimism announced that ExactlyProtocol has launched a decentralized credit market on Optimism Mainnet, bringing crypto credit card and buy now, pay later (BNPL) options to the Ethereum scaling network. Optimism is a layer-2 network designed to make Ethereum transactions more efficient. Estimates put onchain credit at about $60 billion, while annual credit origination outside blockchains is roughly $200 trillion. The launch adds another structure to onchain lending. Morpho's [fixed-rate credit markets on Base]() use lender offers and set loan maturities. ## Links in this article - [fixed-rate credit markets on Base](https://www.tokenpost.com/news/technology/25865)