
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
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