Scallop is a transformative cryptocurrency platform aiming to bridge the traditional financial ecosystem with the dynamic world of decentralised finance (DeFi). Originating from a need to streamline crypto banking processes, Scallop offers a seamless hybrid model that integrates conventional banking services with blockchain-based solutions. It is designed to cater to both individual users and businesses, enhancing financial accessibility and efficiency. The Scallop token (SCLP) serves as the native utility token within this ecosystem, providing holders with benefits like reduced transaction fees, high-yield DeFi returns, and governance rights. Scallop's innovative approach offers a user-friendly interface, enabling effortless crypto-to-fiat transitions, thereby fostering the adoption of cryptocurrencies in everyday transactions while ensuring compliance with global financial standards.