Strike Launches 'Volatility-Proof' Bitcoin Loans Resilient to 80% BTC Price Drops
Strike has introduced a new Bitcoin-backed loan product designed to withstand an 80% drop in BTC prices without triggering forced liquidations. The loans, which carry interest rates up to 14.2%, include a $2.1 billion credit facility with Tether and aim to mitigate price risk while maintaining payment obligations.
Topics: Bitcoin decentralized_finance loans Strike volatility