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Blockchain.com: Launched Borrow | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

Blockchain.com: Launched Borrow

Blockchain.com: Launched Borrow

  • The leading provider of cryptocurrency products including the most popular crypto wallet
  • Launched Borrow, a new product offering for users to borrow USD-denominated stablecoins against crypto held in their Blockchain.com Wallet
  • The launch follows Blockchain.com’s successful launch of an institutional lending desk last August
  • By offering the retail market access the firm is also addressing the shortage of USD on both sides of the crypto market
  • Starting today, users can borrow USD Digital stablecoins against bitcoin held in their Blockchain.com Wallet
  • With the addition of Borrow within the Blockchain.com Wallet the Company is further expanding the control

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