Ledger adds Bitcoin-backed loans through Morpho to its wallet app

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Ledger is adding access to Bitcoin-backed loans through Morpho in its wallet app, letting users borrow against BTC without selling it. The integration brings on-chain lending to Ledger’s self-custody users, though loan terms and risks such as liquidation remain important. It broadens Bitcoin’s role from a store of value to collateral in decentralized finance.

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