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Xapo Bank Launches Bitcoin-backed Loan Service, Supporting Loans of up to $1 Million
2025-03-18 22:03
BlockBeats News, March 18th, according to Crowdfundinsider, Gibraltar-based cryptocurrency-friendly bank Xapo Bank announced the launch of USD loans backed by Bitcoin. Users can obtain a credit line of up to $1 million by holding Bitcoin as collateral, with flexible loan terms (30 days to 1 year) and no prepayment penalties, to promote Bitcoin as both a long-term asset store and a liquidity tool.
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2025-03-19
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