BlockFi considers Litecoin and GUSD

BlockFi considers Litecoin and GUSD

The BlockFi, a crypto-USD lender, is to support Litecoin (LTC) and Gemini GUSD as collateral and as a loan funding option respectively. The CEO and co-founder of BlockFi stated, “BlockFi is already the lowest-cost crypto-backed lender in the U.S. and we’re planning to expand our services to more collateral types and geographies in the short term.”

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