Ledger Launches Self-Custodial Crypto Lending Feature, Enabling Borrowing of Stablecoins Against Wrapped Bitcoin Collateral
According to Decrypt, Ledger announced at the TOKEN2049 conference in Singapore the launch of its self-custody lending feature, "Crypto Loan". Eligible users can borrow stablecoins USDC or USDT through their wallet application by using wrapped Bitcoin (cbBTC or wBTC) as collateral, without transferring funds to centralized lending platforms or selling the underlying assets.
