Ledger Launches Self-Custodial Bitcoin Loans in Its Wallet App
- —Collateral is cbBTC or wBTC; loans are issued in USDC or USDT with hardware approval
- —Powered by Morpho through Yield.xyz, the provider Coinbase also uses
- —Users manage LTV, add collateral and repay directly inside Ledger Wallet
- —Ledger says it secures nearly 30% of all Bitcoin held by retail investors
Why it matters: The leading hardware wallet maker moves deeper into financial services, giving BTC holders liquidity without selling or using centralized lenders.
Source: Decrypt