Latin Americans Look to Ledn to Provide Bitcoin Backed Loans as Government Reduces Dollar Purchase rate from $10,000 to $200 | eBitcoinics.com

BTC/USD $ 26712.9

|

ETH/USD $ 1796.60

|

LTC/USD $ 92.39

|

DASH/USD $ 44.41

|

DOGE/USD $ 0.07324

|

|

ADA/USD $ 0.3676

|

USDT/USD $ 1.00

|

SHIB/USD $ 0.00000866

|

HOLO/USD $ 0.003566

|

BTT/USD $ 0.00000060

|

WINK/USD $ 0.0001995

|

YFI/USD $ 6739.04

|

PAXG/USD $ 1995.93

|

MKR/USD $ 630.44

|

BCH/USD $ 117.30

|

WBTC/USD $ 26739.6

|

COMP/USD $ 35.00

|

AAVE/USD $ 62.48

|

ZEC/USD $ 33.10

|

|

TRB/USD $ 11.87

|

ETC/USD $ 18.36

|

NMR/USD $ 13.50

|

|

LINK/USD $ 6.62

|

|

|

ATOM/USD $ 10.78

|

|

|

SUSHI/USD $ 0.8944

|

BAND/USD $ 1.47

|

EOS/USD $ 0.8928

|

OMG/USD $ 0.8033

|

|

MIR/USD $ 0.05600

|

BNT/USD $ 0.4149

|

XTZ/USD $ 0.8899

|

CGLD/USD $ 1.74

|

1INCH/USD $ 0.4109

|

CRV/USD $ 0.8177

|

KNC/USD $ 0.6039

|

ENJ/USD $ 0.3523

|

MATIC/USD $ 0.8601

|

STORJ/USD $ 0.3080

|

ZRX/USD $ 0.2240

|

ALGO/USD $ 0.1679

|

GRT/USD $ 0.1221

|

OGN/USD $ 0.09479

|

CTSI/USD $ 0.1985

|

MANA/USD $ 0.5062

|

BAT/USD $ 0.2212

|

|

USDC/USD $ 0.9998

|

REN/USD $ 0.07770

|

XLM/USD $ 0.08778

|

NKN/USD $ 0.09859

|

OXT/USD $ 0.06790

|

LRC/USD $ 0.2967

|

SKL/USD $ 0.03220

|

CVC/USD $ 0.08861

|

SAND/USD $ 0.5290

|

NU/USD $ 0.1500

|

GNT/USD $ 0.00000001

|

DNT/USD $ 0.02720

|

ANKR/USD $ 0.02588

|

LOOM/USD $ 0.05156

|

AMP/USD $ 0.002960

|

MANY/USD $ 0.3509

|

WTK/USD $ 0.02170

|

POSI/USD $ 0.02355

|

WINR/USD $ 0.00003100

|

DEFT/USD $ 0.00002080

|

ISA/USD $ 0.0001070

|

RULER/USD $ 0.006669

|

SPORE/USD $ 0.9137

|

DEFLCT/USD $ 0.7343

|

HVE/USD $ 0.0004395

|

JCB/USD $ 0.00004900

|

FWC/USD $ 0.00000000008000

|

FDC/USD $ 0.00000021

|

YETI/USD $ 0.003856

|

SMR/USD $ 0.06492

|

BTC/USD $ 26712.9

ETH/USD $ 1796.60

LTC/USD $ 92.39

DASH/USD $ 44.41

DOGE/USD $ 0.07324

ADA/USD $ 0.3676

USDT/USD $ 1.00

SHIB/USD $ 0.00000866

HOLO/USD $ 0.003566

BTT/USD $ 0.00000060

WINK/USD $ 0.0001995

YFI/USD $ 6739.04

PAXG/USD $ 1995.93

MKR/USD $ 630.44

BCH/USD $ 117.30

WBTC/USD $ 26739.6

COMP/USD $ 35.00

AAVE/USD $ 62.48

ZEC/USD $ 33.10

TRB/USD $ 11.87

ETC/USD $ 18.36

NMR/USD $ 13.50

LINK/USD $ 6.62

ATOM/USD $ 10.78

SUSHI/USD $ 0.8944

BAND/USD $ 1.47

EOS/USD $ 0.8928

OMG/USD $ 0.8033

MIR/USD $ 0.05600

BNT/USD $ 0.4149

XTZ/USD $ 0.8899

CGLD/USD $ 1.74

1INCH/USD $ 0.4109

CRV/USD $ 0.8177

KNC/USD $ 0.6039

ENJ/USD $ 0.3523

MATIC/USD $ 0.8601

STORJ/USD $ 0.3080

ZRX/USD $ 0.2240

ALGO/USD $ 0.1679

GRT/USD $ 0.1221

OGN/USD $ 0.09479

CTSI/USD $ 0.1985

MANA/USD $ 0.5062

BAT/USD $ 0.2212

USDC/USD $ 0.9998

REN/USD $ 0.07770

XLM/USD $ 0.08778

NKN/USD $ 0.09859

OXT/USD $ 0.06790

LRC/USD $ 0.2967

SKL/USD $ 0.03220

CVC/USD $ 0.08861

SAND/USD $ 0.5290

NU/USD $ 0.1500

GNT/USD $ 0.00000001

DNT/USD $ 0.02720

ANKR/USD $ 0.02588

LOOM/USD $ 0.05156

AMP/USD $ 0.002960

MANY/USD $ 0.3509

WTK/USD $ 0.02170

POSI/USD $ 0.02355

WINR/USD $ 0.00003100

DEFT/USD $ 0.00002080

ISA/USD $ 0.0001070

RULER/USD $ 0.006669

SPORE/USD $ 0.9137

DEFLCT/USD $ 0.7343

HVE/USD $ 0.0004395

JCB/USD $ 0.00004900

FWC/USD $ 0.00000000008000

FDC/USD $ 0.00000021

YETI/USD $ 0.003856

SMR/USD $ 0.06492

Latin Americans Look to Ledn to Provide Bitcoin Backed Loans as Government Reduces Dollar Purchase rate from $10,000 to $200

ebitcoinics news 30 Oct, 2019 news.ebitcoinics.com Views: 402

A Canadian crypto lending project Ledn is set to offer DAI Loans to its customers with Bitcoin as collateral.
The company who offers Bitcoin-backed fiat loans announced it had debuted the dollar-pegged DAI stablecoin loans by connecting bitcoin with Ethereum's Defi blockchain.

This is to promote the use of cryptocurrency across the Canadian and Latin American region. Just by locking up your BTC customers are allowed to request and receive loans in DAI.

Decentralized finance (DEFI) systems had been up and running with huge prospects of wide adoption, mostly in the 3rd worlds where there are banking system dysfunctions. Just like in Africa several countries in Latin and South American regions are seeing deep economic woes and this had led to the major financial crisis ever witnessed in times past.

Just over the weekend, the Argentinian government and the central bank had lowered the dollar buying limit from $10,000 to just $200. These situations are mostly to the advantage of cryptocurrency.

Ledn also works as a utility for Hodlers of bitcoin who will want to exchange their coins for goods and services.

Nadia Alvarez, Head of Business for MakerDAO in Latin America, accordingly said;

“We know BTC hodlers don’t want to sell their BTC, but they need liquidity, for their daily expenses. That is why we think this is relevant to Latin America.”

Mauricio Di Bartolomeo co-founder of Ledn believes that the DAI loans will complement and provide a gateway for the community to understand and appreciate the De-Fi world,

he is reported to have said; “We expect stable coin adoption to increase in the region because they solve important problems for users.”

Ledn is the first Canadian company to offer bitcoin-backed loans in November Last year and had added other options including a crypto exchange.

Share with :

All Comments (0)

No comment yet

Please login to leave a comment. Click here to Login.

Quick Links

Use Our System

Our Blockchain Services

About Us

Get In Touch

Airport Roundabout, Manhyia Road - Dichemso, Kumasi, Ashanti Region, Ghana W/A
Digital Address - AK-022-4332

+233 550 697 850

help@eBitcoinics.com

Copyright All Right Reserved - 2022

Terms Of Service | Privacy Policy | About Us

Designed & Developed by solutionsnics.com