The Crypto Lending Industry Has Learned from the Mistakes of the Past and Is Now Nearly 100 …

The Crypto Lending Industry Has Learned from the Mistakes of the Past and Is Now Nearly 100% Collateralized, Paving the Way for Rapid Growth – Crypto.IQ | Bitcoin and Investment News from Inside Experts You Can Trust

Uncollateralized Loans And Market Volatility Turned Early Crypto Lending Into A Disaster The early days of the crypto lending industry were for the most part disastrous. Borrowers and lenders interacted on peer to peer platforms like BTCJam and BitLendingClub. Borrowers would apply for a loan by explaining what they needed the loan for and by…