bitcoin-backed capital DeFi
Bitcoin-Backed Capital in DeFi: A Beginner's Guide
Key Takeaways:Bitcoin-backed lending lets you borrow cash or stablecoins using BTC as collateral — no credit check required — with outstanding loans reaching $8.5 billion as of August 2024, according to Osler citing HFT Market Intelligence.The typical Loan-to-Value (LTV) ratio is around 50%, meaning you can