BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in ...

BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in ...

According to the findings of a joint Arcane Research and Bitstamp study, bitcoin’s unique characteristics, which include it being “the most portable asset”, are the likely contributing factors behind the increasing use of the crypto as a collateral asset. Bitcoin Unmatched This is evidenced by the study’s data which shows that approximately “420,000 bitcoins were used as collateral in various loans in the lending markets in Q4 of 2020.” This figure is nearly double the 213,000 bitcoins that were used as collateral in Q4 of 2019. In another boost to the....


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