Ledger Launches Crypto Loan, Letting Users Borrow USDC or USDT Against cbBTC or wBTC
Ledger launched Crypto Loan. Eligible users can post cbBTC or wBTC in Ledger Wallet and borrow USDC or USDT without selling bitcoin. Private keys and final confirmation stay on the hardware device.
The feature is powered by Morpho through technical provider Yield xyz. It also adds a direct Ledger-to-Morpho connection, with no browser extension or software wallet required. It is now rolling out to eligible users. — link
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