“The New Lending Product Allows Bitcoin Holders to Access Liquidity Without Selling Their Assets.”, – WRITE: www.coindesk.com
The New Product Allows BTC Holders to Secure Loans While Keping Ownership of Their Assets, A MOVE AIMED at INVESTORS ACCESSING TO ACCESS
The Service Provides Bitcoin-Colllateralized Loans, ALLOWING BORROWERS TO Use Their Holdings As Security While Receive Cash or Stablecoins in Return. By USING BITCOIN as Collalateral Racher than Selling IT Outright, Borrowers Can Avoid Capital Gains Taxes and MainTain Exposure to the Asset’s Potential Price Apprentiation, Access to the Pres.
Lending Partner Arch Specializes in Asset-Backed Loans and Will Handle The Underwriting and Loan Distribution. Onramp, WHICH FOCUSES ON BITCOIN FINANCAL Solutions, Will Integrate the Service Into ITS PLATFORM, MAKING IT Accessible to Users Looking for An ALTERNATIVE TO TRADATIONAL FINATIONAL FINANCING.
Bitcoin-Backed Lending Is Gaining in Popularity This Cycle as An Alternative to Traditional Loans, Especialyally Among Long-Term BTC Holders Who Prefer to Retain the Assets. This Model Has Been Used in Various Financial Applications, from Personal Liquidity Needs to Institutional Finance Strategies.
Read More: Coinbase to Offer Bitcoin-Backed Loans Through Morpho
Disclaimer: Parts of this Article Were Generated with the Assistance from AI Tools and Review by Our Editory Team to Enseure Accucy and Adherice Tour Standards. For more information, See Coindesk’s Full Ai Policy.
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