Strike & Xapo should know better, they are Bitcoin companies.
I think it more likely they are exploiting a new market before competition arrives.
I don't think they're to blame, because they're not the liquidity providers for the loans.
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True 🥹
🤝
Today I learned FalconX are Xapo’s liquidity provider 😳
https://www.falconx.io/
There you go