$CRCL
Circle introduced digital asset collateralised lending this week, allowing users to borrow USDC using BTC as collateral
It sounds rather like moving a pawnbroker's shop into a stablecoin firm: no need to sell your coins, just take the dollar stablecoins and go
$BTC
The price of that convenience, however, is the liquidation threshold. BTC can easily slide from 87k to 83k in a single week, and if your collateral ratio falls short, you'll get wiped out
This isn't airdrop news; it's simply another pipeline turning volatile assets into stablecoin liabilities
The pipeline works fine, but watch your leverage carefully
#Market_Update
Circle introduced digital asset collateralised lending this week, allowing users to borrow USDC using BTC as collateral
It sounds rather like moving a pawnbroker's shop into a stablecoin firm: no need to sell your coins, just take the dollar stablecoins and go
$BTC
The price of that convenience, however, is the liquidation threshold. BTC can easily slide from 87k to 83k in a single week, and if your collateral ratio falls short, you'll get wiped out
This isn't airdrop news; it's simply another pipeline turning volatile assets into stablecoin liabilities
The pipeline works fine, but watch your leverage carefully
#Market_Update
