Tribal Token (TRIBL) works by supporting SMBs in emerging markets. It is part of the Tribal Credit ecosystem, which uses blockchain technology to offer better financial services to these businesses. TRIBL facilitates easier access to credit for SMBs, which can be crucial for their growth and expansion.
Tribal provides SMBs with multi-currency corporate cards, spend management tools, and access to short-term financing. By participating in the Tribal ecosystem and using TRIBL, businesses can streamline their financial operations, save costs, and access necessary financing more efficiently,
By using TRIBL, businesses can earn rewards and get discounts on various financial services offered within the Tribal ecosystem. This makes financial management more cost-effective for them.
The $TRIBL token leverages blockchain to make financial services cheaper, faster, and more inclusive. This is particularly beneficial in emerging markets where traditional financial services may be limited or expensive.
Tribal uses a model called the DeFi mullet, where traditional fintech interfaces are used on the front end, and decentralized finance (DeFi) protocols are integrated on the back end. This ensures a user-friendly experience while providing the benefits of DeFi.