Bitcoin-backed loans have dominated the lending markets since day one. Typically, wrapped Bitcoin is used as collateral ($5B+ on ETH L1 alone) — this is going to change. Imagine all the native Bitcoin getting unlocked for the first time. Native Bitcoin loans across several chains will soon be a reality.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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