Arch Lending Adds PAX Gold and Tether Gold as Collateral for Crypto-Backed Loans
Arch Lending now accepts PAX Gold and Tether Gold as collateral, opening credit access to a class of investors that have largely sat outside digital-asset lending. As gold’s recent run higher has renewed interest in the metal as a store of value, Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc, today began accepting The post Arch Lending Adds PAX Gold and Tether Gold as Collateral for Crypto-Backed Loans appeared first on BeInCrypto.
Key Takeaways
- Arch Lending now accepts PAX Gold and Tether Gold as collateral, opening credit access to a class of investors that have largely sat outside digital-asset lending.
- As gold’s recent run higher has renewed interest in the metal as a store of value, Arch Lending, the alternative-asset lending platform operated by ChainFi, Inc, today began accepting The post Arch Lending Adds PAX Gold and Tether Gold as Collateral for Crypto-Backed Loans appeared first on BeInCrypto.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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