Allows Users to Borrow USD with Crypto
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March 10, 2020
107 107, a cryptocurrency wallets provider, has announced the launch of a retail lending program. From now on, the service's users can borrow USD against crypto, directly from a non-custodial wallet. Allows Users to Borrow USD with Crypto

Users can now borrow USD digital stablecoins against bitcoin (EXANTE: Bitcoin), with support for ether (ETH), bitcoin cash (BCH), and stellar (XLM) coming soon.

"Institutional and retail investors have the same financial goals – grow wealth and manage risks. Retail users can trade like the big guys without selling the crypto they've stockpiled or leaving their wallet," said Peter Smith, co-founder and CEO of in an interview The Block.

Last year, raised $50 million to invest in startups. Back then, Sam Harrison, one of the biggest investors, was reportedly heading up the effort.

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Access more than 50 of the world's financial markets directly from your EXANTE account – including NASDAQ, London Stock Exchange and Tokyo Stock Exchange.

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