BabelFinance predicts $1 billion in crypto-backed loans by the end of the next bull run BabelFinance predicts $1 billion in crypto-backed loans by the end of the next bull run ambcrypto

BabelFinance, a bank offering service to crypto-investors, crypto-miners and institutions related to crypto, is in the news after it announced that it had issued crypto-backed loans worth $110 million, out of which $88 million were outstanding loans. The bank provides loans via stablecoins collateralized by deposits of Bitcoin. However, the bank plans to include Ethereum, ...