Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling
60-second summary
Ledger introduces a Morpho‑powered crypto loan service at TOKEN2049 Singapore, allowing users to borrow stablecoins against wrapped Bitcoin while retaining private‑key control on their hardware device and receiving final approval on‑chain. The feature lets holders access liquidity without selling BTC, potentially boosting demand for Ledger hardware, expanding DeFi borrowing volumes and strengthening the broader crypto lending market.
Unveiled at TOKEN2049 Singapore, the Morpho-powered Crypto Loan feature lets users borrow stablecoins against wrapped Bitcoin while keeping private keys and final approval on their hardware device.