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US card debt hits $1.29 trillion as Bitcoin loans expose a collateral divide

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CryptoSlate
By Gino Matos
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US card debt hits $1.29 trillion as Bitcoin loans expose a collateral divide
Photo / Coverage: CryptoSlateCredit: Gino Matos
EXECUTIVE SUMMARY

Coinbase advertises borrowing from 5.1%, but modeled savings depend on fees and a Bitcoin pledge exposed to liquidation. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

Key Takeaways

  • US card debt hits $1.29 trillion as Bitcoin loans expose a collateral divide.
  • Coinbase advertises borrowing from 5.1%, but modeled savings depend on fees and a Bitcoin pledge exposed to liquidation.
  • Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.

Coinbase advertises borrowing from 5.1%, but modeled savings depend on fees and a Bitcoin pledge exposed to liquidation. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

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Published originally on CryptoSlate

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CryptoSlate
US card debt hits $1.29 trillion as Bitcoin loans expose a collateral divide

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