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Ledger launches Crypto Loan to let users borrow USDC/USDT using wrapped Bitcoin as collateral.

Market News
07 Oct 2026
Decrypt
View Source
Bullish
Ledger launches Crypto Loan to let users borrow USDC/USDT using wrapped Bitcoin as collateral.

Ledger has introduced Crypto Loan, a self-custodial lending feature within its wallet app that allows eligible users to pledge wrapped Bitcoin (cbBTC or wBTC) as collateral to borrow stablecoins USDC or USDT. This service, powered by Morpho via Yield.xyz, enables users to access liquidity without selling their Bitcoin or moving funds to centralized platforms, with all loan approvals secured on Ledger hardware devices. The move strengthens Ledger's position in crypto financial services, joining similar offerings from Coinbase and JPMorgan, and aims to help Bitcoin holders tap cash while retaining their assets. The feature is rolling out immediately to eligible users with plans for wider availability over time.

Ledger's new Bitcoin loan feature is introduced as context for crypto market activity. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 07, 2026 15:21 WIB: out of 50 major cryptocurrencies, 5 rose and 44 fell today. Among notable movers, XTZ (Tezos) fell 6.76% to Rp5.582 with a typical hold time of 100 days, SUSHI (SushiSwap) dropped 6.63% to Rp4.272, and CAKE (PancakeSwap) decreased 6.12% to Rp40.965 with 88% of orders on Pluang being buys.

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