TREE NEWS update: Ledger unveiled a Crypto Loan feature at TOKEN2049 Singapore that lets users borrow stablecoins against wrapped Bitcoin, powered by Morpho. Private keys and final transaction approval stay on the user’s hardware device, so holders can access liquidity without selling their BTC.
Ledger Launches Bitcoin-Backed Stablecoin Loans With Morpho
Related Coin Charts
AI take
The notable part is not the loan itself but where custody sits: keeping keys and approval on the device is a direct answer to the counterparty risk that has defined past crypto lending blowups. It matters most for long-term BTC holders who want liquidity without a taxable or emotional sale, and it extends hardware wallets from storage into credit. The open question is whether wrapped-BTC collateral and a DeFi lending venue can hold up under stress, and how these loans are treated at the intersection of self-custody and regulated credit.
Generated by AI for reference only.
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
3h ago
Bitcoin Short-Term Holder Cost Basis Climbs to $76K, Testing Conviction
3h ago
Whale Withdraws 44,144 COMP Worth Nearly $900K From Bybit
3h ago
HSBC to set up global AI research institute in Hong Kong in early 2027
3h ago
Binance Restores ETH and BNB Smart Chain Withdrawals
3h ago
Polymarket Odds of GPT Astra 6.1+ Release by Nov 15 Rise to 44%
3h ago
Binance Withdrawals Running Smoothly, Yi He Says, Warns of Possible Congestion