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bitcoin loans

Bitcoin-Backed Line of Credit: Lava Raises $200M Funding

In a significant development for the crypto financial landscape, Lava has unveiled a groundbreaking Bitcoin-backed line of credit (BLOC), aiming to cater to the growing demand for liquidity without sacrificing Bitcoin assets.This innovative move, backed by a substantial $200 million funding round, positions Lava as a leader in the Bitcoin credit line market, offering competitive rates starting at just 5%.

Bitcoin-Backed Loans Launch by 21bitcoin in Austria

In a groundbreaking move for the European finance sector, bitcoin-backed loans are making waves with the recent launch by 21bitcoin in Austria.This innovative pilot, developed by FIOR Digital GmbH in collaboration with Volksbank Raiffeisenbank Bayern Mitte eG and Sopra Financial Technology GmbH, allows customers to leverage their bitcoin as collateral for loans without needing to sell their valuable assets.

Templar BTC lending protocol: On-chain stablecoins

Templar BTC lending protocol marks a bold entry into decentralized finance by giving Bitcoin holders a clear path to liquidity.By letting users borrow USD-pegged stablecoins against native BTC without banks or centralized intermediaries, it unlocks on-chain liquidity.

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