Blockchain.com launches crypto-backed loans with rates as low as 1.9%

Techub News, according to Chainwire, Blockchain.com has announced the global launch of a crypto-backed lending product. Users can use digital assets such as USDC, Bitcoin, and Ethereum as collateral to obtain liquidity, with an annual interest rate as low as 1.9%, allowing them to meet large funding needs without selling their assets. The product is aimed at large-scale cryptocurrency holders worldwide, enabling users to secure liquidity by pledging digital assets for purposes such as property purchases, business investments, or tax planning. The company stated that it plans to expand lending and transfer services for high-net-worth individuals in the future, further extending its institutional-grade financial services.