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Ledger Launches Bitcoin-Backed Loans Through Morpho Markets
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4 Articles
Ledger continues to expand its offer. In future, Wallet will be able to borrow without the coins being issued. Source: BTC-ECHO BTC-ECHO
Ledger incorporates loans backed by cbBTC and wBTC into its portfolio, with Morpho as a DeFi infrastructure and approval of transactions from its devices. The option allows you to obtain USDC or USDT without selling those assets, although variable rates and settlement risk remain present.
Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling
Unveiled at TOKEN2049 Singapore, the Morpho-powered Crypto Loan feature lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device.
·New York, United States
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