BTCC
/
BTCC Square
/
CoindeskEN
/
Strike Doubles Down on Bitcoin’s Financial Revolution—Now Offering BTC-Backed Loans
Strike Doubles Down on Bitcoin’s Financial Revolution—Now Offering BTC-Backed Loans
6
3
Bitcoin payments app Strike just fired the latest shot in crypto’s lending comeback—letting users borrow against their BTC holdings. Because nothing says ’decentralized finance’ like good old-fashioned leverage.
The move signals growing institutional confidence in Bitcoin’s collateral value—even as traditional banks still treat it like a risky meme stock. Strike’s product will likely undercut legacy lenders on rates, bypassing the credit checks that make Wall Street’s loan desks move at glacial speeds.
Is this the start of a broader crypto credit boom? Or just another way to get rekt with extra steps? Either way—the banks aren’t laughing anymore.
By:
Previous
SEC Docs Expose NY AG’s Push to Label ETH a Security—Crypto Braces for Fallout
Next
Uniswap DAO Loses Vocal Advocate as Frustration Boils Over
