Mauricio explains that Ledn’s service is simple yet powerful. Bitcoin holders can use their cryptocurrency as collateral to secure dollar loans, much like borrowing against the value of a house.

JPMorgan Chase (NYSE:JPM) plans to offer loans secured by clients' cryptocurrency holdings, specifically Bitcoin and Ethereum ...

"PNC took the lead with Coinbase, and other banks are going to study it. It's a copycat industry." ...

The Pittsburgh bank is working with the cryptocurrency platform to let PNC customers buy, sell and hold cryptocurrencies.

The collateral is typically more valuable than the actual loan. For example, a borrower may deposit $1,000 worth of Ethereum to take a $500 loan in USDT (a stablecoin).

JPMorgan Chase is exploring plans to offer loans backed by clients' cryptocurrency holdings, including bitcoin and ethereum, ...

As the popularity of cryptocurrency-backed loans and lending platforms continues to grow, regulators are closely monitoring their activities and shaping appropriate regulatory frameworks.

DeFi aims to democratize finance by replacing legacy, centralized institutions with peer-to-peer relationships that can provide a full spectrum of financial services, from everyday banking, loans ...

In a pioneering move, Block Earner has launched the first Bitcoin-backed home loan in Australia, allowing Bitcoin holders to ...