Uphold and Salt Partner to Bring Liquidity to Millions Using Crypto-Backed Loans
Uphold and Salt Partner to Bring Liquidity to Millions Using Crypto-Backed Loans
Uphold, a digital money platform providing access to investments and payments using blockchain technology, has announced a partnership with crypto-backed lending company Salt. Together, the two plan to provide users with cash or stablecoin loans using cryptocurrencies as collateral.
Uphold’s 1.7 million users can now secure loans through Salt against their holdings in (BTC), Ether (ETH), (LTC), (BCH), (DASH), and . The integration of the two platforms provides enhanced access to liquidity, enabling users to unlock additional value in their crypto holdings. Robin O’Connell, Uphold’s chief revenue officer, told Cointelegraph:
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Source: investing.com
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