Flow Traders pilots Lombard Bitcoin credit lending solution, using BTC to support stablecoin financing

Odaily reported that Lombard Finance, a bitcoin financial product platform, has launched the Bitcoin Onchain Credit Strategy, with global trading firm Flow Traders as its first pilot partner. Under the scheme, Flow Traders can borrow stablecoins for market making without providing on-chain collateral, with the collateral secured by bitcoin deposited into Lombard Bitcoin Earn yield products, and underwriting completed through the Cap private credit platform. (The Block)