Initially offered to institutional investors, the loan service from the popular editor of crypto-wallets, Blockchain.com, is now available to retail investors.
Yesterday, on his blog, Blockchain.com announced to have introduced the functionality Borrow on all of its crypto-wallets. Users can make loans by stablecoins backed by the dollar leaving Bitcoin (BTC) warranty.
This means that you can increase your purchasing power, seize a trading opportunity or finance your next project, without selling the crypto that you have stored over the years. You can borrow like the big guys without ever leaving your Blockchain.com wallet, ”wrote the London-based firm.
Since November 2019, Blockchain.com already offered the possibility to its institutional clients to make loans like this through his OTC office.
Credit: Blockchain.com
His service Borrow should soon support guarantees in Stellar (XLM), Ethereum (ETH) and Bitcoin Cash (BCH).
In recent months, the wallet publisher, which claims more than 40 million users, has invested in several startups, including Enjin and Zerion.
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