Express

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

Last Update:

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

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 17 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 15 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 15 days ago

    • You need to login to comment.