Flow Traders Pilots Lombard Bitcoin Credit Lending Solution to Support Stablecoin Financing with BTC

Odaily Planet Daily News Bitcoin financial product platform Lombard Finance has announced the launch of the Bitcoin Onchain Credit Strategy, with global trading firm Flow Traders as the first pilot partner. Under the plan, Flow Traders can borrow stablecoins for market making without providing on-chain collateral, with collateral coverage provided by Bitcoin deposited into the Lombard Bitcoin Earn yield product, and underwriting completed through the Cap private credit platform. (The Block)