Ledger Launches Wrapped-Bitcoin Loans Through Morpho

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Ledger has launched a Bitcoin-backed lending service through Morpho, allowing users to borrow against wrapped Bitcoin while keeping custody via Ledger’s wallet ecosystem. The offering expands access to DeFi credit for Bitcoin holders but relies on wrapped-asset and smart-contract infrastructure rather than native Bitcoin lending. Its adoption will depend on demand for borrowing and users’ willingness to accept those additional risks.

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