Dolomite Adds $100 Million in Concrete’s Bitcoin-Backed Collateral

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Dolomite has added $100 million in Bitcoin-backed collateral supplied through Concrete, expanding the assets available to support borrowing on the lending protocol. The move brings more Bitcoin-linked collateral into DeFi without requiring users to sell their BTC. Its significance depends on the collateral’s structure and risk controls, including how it handles Bitcoin price volatility and liquidation.

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