CryptoCoinDeskabout 3 hours ago
Bitcoin Loans Fund Tuition and Business Cash
6 min read
Bitcoin-backed lenders report borrowers use loans for tuition and working capital rather than trading. SALT, founded in 2016, and Ledn, which debuted in 2018, facilitate this shift. Ledn expects its funded loan volume to grow to $1 trillion in the coming years. On Sept. 22, Coinbase added fixed-rate bitcoin-backed loans through Morpho s Midnight protocol.
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