Ledger Adds Wrapped Bitcoin Collateral for Morpho Loans
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Ledger has added support for Morpho loans that use wrapped Bitcoin as collateral, according to The Defiant.
Ledger has added borrowing through Morpho using wrapped Bitcoin as collateral, The Defiant reported.
The addition allows wrapped Bitcoin to serve as backing for a loan, rather than requiring users to sell the asset to access funds.
The available report provides no details on supported wrapped Bitcoin tokens, borrowing limits, interest rates or availability.
Source: The Defiant
