Ledger Launches Bitcoin Loans, Letting Holders Borrow Without Selling

Ledger has announced a new "Crypto Loan" feature, unveiled at TOKEN2049 Singapore, which enables Bitcoin holders to borrow stablecoins without needing to sell their BTC. This service is powered by Morpho and uniquely allows users to retain full control over their private keys and final transaction approvals directly on their Ledger hardware devices. This approach ensures that users maintain self-custody and security over their wrapped Bitcoin collateral while accessing liquidity, addressing a common desire among long-term Bitcoin holders who wish to leverage their assets without relinquishing ownership or control.