Strike Launches Anti-Liquidation Bitcoin Loan on July 8

BTC-0.96%
According to The Block, Strike launched a Bitcoin-backed loan product today (July 8) that prevents forced liquidation as long as borrowers continue making payments, regardless of Bitcoin price declines. The product eliminates loan-to-value (LTV) price triggers; collateral remains safe as long as payments continue. Borrowers face partial liquidation only if they miss interest or principal payments and fail to pay within a 10-day grace period. The loan is currently available for fixed-term products in select U.S. states.
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