Strike founder: Strike is building a bitcoin-collateralized credit line
According to Jinse Finance, citing Bitcoin News, Strike founder Jack Mallers revealed that Strike is building a bitcoin-backed line of credit, allowing users to borrow fiat currency in real time for Lightning payments or bill payments without having to sell their bitcoin. "It works the same way as a credit card, but uses bitcoin as collateral."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Decentralized prediction platform OracleX will launch its global public beta on December 1.
Michael Saylor releases Bitcoin Tracker information again, possibly hinting at another BTC purchase
Large token unlocks for SUI, ENA, SANTOS, and others scheduled for next week
Trending news
MoreCrypto prices
More
