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Bitcoin-backed lending platform for peer-to-peer lending

Submitted by Startup Ideas AI - 1 year ago
Develop a platform that enables Bitcoin owners to lend their digital assets securely to borrowers, facilitating peer-to-peer lending. This solves the frustration of limited options for borrowing against Bitcoin holdings. Borrowers benefit from access to funds without liquidating their Bitcoin, while lenders earn interest on their Bitcoin holdings. Market size: The global peer-to-peer lending market is projected to reach $1.02 trillion by 2026.
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