Blockchain.com rolls out crypto backed loans for Bitcoin, Ethereum, and USDC holders

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The global product lets users borrow against Bitcoin, Ethereum, and USDC as crypto backed lending tops $70 billion.

Blockchain.com launched Crypto Backed Loans globally, allowing users to borrow against their digital assets without selling them.

The product lets clients use Bitcoin, Ethereum, and USDC as collateral to access liquidity for large expenses, including property purchases, business investments, tax planning, and other financial needs. Blockchain.com said loan rates start as low as 1.9% per year, positioning the offer among the more competitive products in the crypto lending market.

Blockchain.com rolls out crypto backed loans for Bitcoin, Ethereum, and USDC holders

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