Exchanges· ★★· bullish·

Strike reports global drop in bitcoin-backed loan rates

  • —Strike cut bitcoin-backed loan rates globally after lowering U.S. rates six months earlier
  • —No new rate levels or lending volumes were disclosed
  • —Cheaper credit could draw more borrowers and add market liquidity
Why it matters: Lower borrowing costs against BTC collateral could boost lending demand and reinforce bitcoin's role as a collateral asset.
Source: Coinfomania