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

Blockchain.com has introduced a new global crypto-backed lending service that enables users to leverage their Bitcoin, Ethereum, and USDC holdings as collateral. This product allows clients to access liquidity for major financial needs, such as investments or tax planning, without needing to sell their digital assets. With annual interest rates starting as low as 1.9%, the company aims to compete aggressively in the $70 billion crypto-lending market.

CEO Peter Smith noted that this service was a highly requested addition, leveraging the company’s existing liquidity, infrastructure, and risk management tools to support a broader client base. The initiative reflects Blockchain.com's broader strategy to evolve into a comprehensive financial hub, providing long-term holders with flexible credit options across more than 70 jurisdictions.

(Source：Crypto Briefing)