Lower interest rates and accelerating crypto adoption are spurring more financial institutions to try Bitcoin-backed lending.
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During the last few years, cryptocurrencies have been integrated into traditional finance tools like automated teller machines (ATMs), loadable debit cards, point-of-sale devices, and direct payments for all kinds of goods and services. Digital assets have also been added to retirement account offerings issued by financial giants like Fidelity. In recent times, cryptocurrencies can be […]
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Global digital asset savings and credit platform Ledn has announced the upcoming launch of a bitcoin-backed mortgage product, calling it “the first product of its kind to hit the market.” The company has also raised $70 million, which brings its valuation to $540 million. Bitcoin-Backed Mortgage — ‘The First Product of Its Kind to Hit […]
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The digital assets lending field seems to be heating up with Blockchain.com starting to offer lending directly to retail consumers globally. Borrowed USD stablecoins can be used by crypto traders to fund their next trades and thus increase the leverage of their holdings. Also Read: Blockchain.com Launches High Speed Crypto Exchange for Retail Traders Popular […]
The post Blockchain.com Will Allow Retail Wallet Users to Borrow USD Stablecoins With Cryptocurrency appeared first on Bitcoin News.
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Cryptocurrency prices have been battered this year, and that’s been the sole topic of interest, both for the enthusiasts and the skeptics. However, as the prices dropped, one business has boomed: crypto lending. While all the other startups in the crypto space were counting on prices hitting their former highs, this industry has been making […]
The post Crypto Lending Continues to Thrive Even as Prices Fall appeared first on NullTX.
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Bitcoin trading companies saw an influx of new users throughout 2017. Given the cryptocurrency craze that is going on even today, the number of users will only continue to increase. For Genesis Trading, this influx of new users is due to a very different reason. Its decision to introduce Bitcoin lending services has proven to have been extremely smart in hindsight. Genesis Capital Lending Services It is evident there is a bright future ahead for cryptocurrency-related lending services. Due to the global appeal of these currencies, they are suited for financial inclusion, among other things. While Bitcoin is currently in a slump in
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