Bitcoin lending platform Ledn has expanded its services to include Tether Gold ($XAUt), allowing investors to hold the tokenized asset and borrow …
Bitcoinbacked
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Markets
Michael Saylor Maps Out Bitcoin-Backed ‘Digital Asset Stack’ With Yield Layer
by shayaanby shayaanMichael Saylor is expanding the familiar Bitcoin treasury argument into a broader model for tokenized finance, laying out a four-layer “Digital Asset …
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Markets
Circle Launches cirBTC On Ethereum As New 1:1 Bitcoin-Backed DeFi Asset
by shayaanby shayaanCircle has launched cirBTC on Ethereum, giving the stablecoin issuer a direct entry into the wrapped Bitcoin market and setting up a …
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Ledn, a leading company in cryptocurrency-backed lending, projects that the market for bitcoin-collateralized loans could climb to $1 trillion within the next …
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DeFi
Babylon and Aave push for Bitcoin-backed DeFi lending without wrapped BTC
by shayaanby shayaanBabylon Labs has proposed a new Aave V4 integration that lets users borrow against native Bitcoin collateral without relying on wrapped $BTC, …
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DeFi
Lombard migrates $1B in Bitcoin-backed assets to Chainlink CCIP after $292M exploit shakes LayerZero confidence
by shayaanby shayaanLombard Finance, one of the largest Bitcoin-native liquid staking platforms in DeFi, is moving more than $1B in Bitcoin-backed assets off LayerZero’s …
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Coinbase has introduced Bitcoin-backed loans, allowing users to borrow USDC stablecoin without selling their Bitcoin holdings. The service, powered by the open-source …
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NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 …
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