Renewed Market Growth Has Sparked Demand for Crypto-Backed Loans

With cryptocurrency markets back to life, hodling sounds like a smart strategy once again. Cryptocurrency owners are now more likely to pledge coins to borrow fiat if they need it, rather than sell their appreciating digital assets. The spread of crypto-backed loans could also be a good indicator of investor sentiment. According to a source from the industry, the customer base has been growing.

Also read: Online Bank Mistertango Offers Crypto Companies Multiple Accounts and Ibans

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