Voltage has launched a new USD-settled revolving credit line using Bitcoin, specifically targeting business clients. This service is designed to provide businesses with flexible access to capital, leveraging the Lightning Network for transactions.
The credit line allows businesses to use Bitcoin as collateral while settling transactions in USD. This innovative approach aims to bridge the gap between cryptocurrency and traditional finance, offering a seamless integration for businesses looking to utilize Bitcoin without the volatility risk.
Details about the specific terms and eligibility criteria for the credit line have not been fully disclosed. However, the initiative is seen as a significant step in expanding Bitcoin's utility in the business sector.
Key facts
- Voltage's credit line is USD-settled and uses Bitcoin as collateral.
- The service is facilitated through the Lightning Network.
- It targets business clients seeking flexible capital access.
- Details on terms and eligibility are still emerging.
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