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Strike Doubles Down on Bitcoin’s Financial Revolution—Now Offering BTC-Backed Loans

Strike Doubles Down on Bitcoin’s Financial Revolution—Now Offering BTC-Backed Loans

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-07 15:26:03
0

Bitcoin Payments App Strike to Offer BTC Lending in Boost to Reemergent Sector

Bitcoin payments app Strike just fired the latest shot in crypto’s lending comeback—letting users borrow against their BTC holdings. Because nothing says ’decentralized finance’ like good old-fashioned leverage.

The move signals growing institutional confidence in Bitcoin’s collateral value—even as traditional banks still treat it like a risky meme stock. Strike’s product will likely undercut legacy lenders on rates, bypassing the credit checks that make Wall Street’s loan desks move at glacial speeds.

Is this the start of a broader crypto credit boom? Or just another way to get rekt with extra steps? Either way—the banks aren’t laughing anymore.

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