The Crypto Paper
Published in

The Crypto Paper

Why Banks Will Have To Use Bitcoin As Collateral In The Future!

Photo by Zachary Kadolph on Unsplash

Crypto loans seem to be becoming the new trend in the market right now. Goldman Sachs is now offering the first bitcoin-backed loan. This allows borrowers to deposit BTC as collateral for a cash loan.

Bitcoin-backed cash loans possible

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TheLuWizz

TheLuWizz

Talk about crypto stuff, personal development, entrepreneurship, travel experiences, and things that inspire me! No financial advice!