I believe some loans are denominated in USDT or USDC.
Discussion
True. It's basically what I do when stealing sats from the market. I put up a BTC collateral, buy BTC with it and eventually pay them back. But taking traditional loans against BTC isn't as easy as it might sound. Plus, if you're debt free good luck getting loans without a "credit score". I literally cannot borrow fiat money from ANY bank because I don't owe anyone. Crazy right?
I feel ya.
Actively looking for a BB loan solution right now.
Alas, there's only tradeoffs.
A big one or just a couple of K? I might have a solution for you.
More like 100k
Vield.io services Australians.
I looked into them last year, spoke to them a bit too, nice guys but wasn’t satisfied with their answers for the backend yet, seemed too immature to me.
13%
That's just ridiculous
Yeah it’s very high, they’re connecting private money who could easily go lower but that seems to be the standard sort of rate on these products, even when way over-collateralised.
I’d be waiting for a bear market now to see who survives because there seems to be way too much froth and leverage sloshing around now already.
I think the likelihood of another crash led by equities is pretty high.
I want to have dry powder ready to take advantage.
If it doesn't, then that loan is what I'll be living on.