Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling

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7 Oct, 09:01
Source: Decrypt

AI Summary

Ledger introduces a hardware-wallet-integrated lending feature powered by Morpho, allowing Bitcoin holders to borrow stablecoins against wrapped BTC without relinquishing custody.

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.