Deep Tide TechFlow reports that on March 4th, Bitcoin payment app Strike announced on X platform the official launch of Bitcoin-backed credit line services. Users can borrow fiat currency in real-time for lightning payments or bill payments without selling Bitcoin to access cash liquidity. Currently, the service supports low-threshold lending, initially launching in Georgia and Massachusetts, with plans to expand to more states across the U.S.
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Strike officially launches Bitcoin collateralized credit limit service
Deep Tide TechFlow reports that on March 4th, Bitcoin payment app Strike announced on X platform the official launch of Bitcoin-backed credit line services. Users can borrow fiat currency in real-time for lightning payments or bill payments without selling Bitcoin to access cash liquidity. Currently, the service supports low-threshold lending, initially launching in Georgia and Massachusetts, with plans to expand to more states across the U.S.