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Blockchain.com Wallet Users Can Now Take Out Loans Against Their Cryptocurrency Holdings

Ramsey Baker

Summary: Cryptocurrency wallet and exchange provider Blockchain.com will now give users the option to borrow against their holdings. According to an announcement on Tuesday, the firm will offer loans in U.S. dollar-denominated stablecoins against holdings of bitcoin (BTC) held in the Blockchain Wallet. The service is open to wallet holders worldwide, loans are obtainable immediately after ...

Cryptocurrency wallet and exchange provider Blockchain.com will now give users the option to borrow against their holdings.

According to an announcement on Tuesday, the firm will offer loans in U.S. dollar-denominated stablecoins against holdings of bitcoin (BTC) held in the Blockchain Wallet. The service is open to wallet holders worldwide, loans are obtainable immediately after collateral is made available, the firm said.

By Ramsey Baker

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Link: Blockchain.com Wallet Users Can Now Take Out Loans Against Their Cryptocurrency Holdings   [Copy]
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