Blockchain.com Launches Crypto-Backed Loans for Global Users

Highlights:

• Blockchain.com now lets users borrow money against Bitcoin, Ethereum, and USDC without selling them.
•  The new loans start from 1.9% yearly, giving crypto holders another liquidity option.
• Blockchain.com says crypto-backed lending has crossed $70 billion as more users seek flexible borrowing.

Blockchain.com has launched a new crypto-backed loan product that allows users to borrow money against their digital assets, such as Bitcoin, Ethereum, and USDC, without selling them. The company announced the product on Thursday, stating that the service is now available to global users. 

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Blockchain.com said the loans will start at rates as low as 1.9% per year. The company described the offer as one of the most competitive crypto-backed lending products available in the market. The launch also expands Blockchain.com’s consumer and wealth services, as the company looks to serve both large crypto holders and broader users.

Blockchain.com Targets Growing Demand for Crypto-Backed Loans

Crypto-backed loans work simply. A user keeps crypto as collateral and borrows against its value. The borrower can then use the loan for approved purposes while retaining the original asset. However, the loan remains linked to the value of the collateral, so users must understand the risks if crypto prices fall.

Blockchain.com said the product is designed for users who want access to liquidity without selling their holdings. The company mentioned possible uses such as property purchases, business investments, tax planning, and other major financial needs. However, it also noted that permitted uses may vary by jurisdiction.

The launch comes as crypto-backed lending has grown into a larger market. According to Blockchain.com, the sector has now crossed more than $70 billion. The company believes this growth creates a major opportunity for regulated platforms that can offer borrowing products with stronger infrastructure and risk controls.

Peter Smith, CEO, Founder, and Executive Chairman of Blockchain.com, said crypto-backed lending has been one of the most requested products on the platform. He said the company already has the liquidity, infrastructure, risk management, and client service capabilities needed to serve large institutions and wealth clients. Smith added that Blockchain.com is now bringing that same base to a wider audience with competitive rates and plans to grow in the category.

Blockchain.com Expands Crypto Lending for Wealth Clients

Blockchain.com said its product is built on its existing global footprint. The company operates across more than 70 jurisdictions and says it has processed over $1.2 trillion in transactions. It also said it has served more than 94 million wallets and over 40 million verified users since its launch in 2011.

The company is positioning the product as part of a wider move to become a complete financial hub for crypto users. It said the launch strengthens its institutional-grade financial offerings while keeping attention on compliance, security, and transparency.

Blockchain.com also plans to expand further into lending transfers for high-net-worth individuals. The company said blockchain infrastructure can make crypto-backed credit more efficient and more competitive against traditional borrowing products.

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