SQUAWK/NEWS
Account
Theme
Account
Menu
Live News CRYPTO ARTICLE L impact

High-net-worth borrowers diversify crypto collateral away from bitcoin

CryptoQuant data via CoinRabbit says high net-worth borrowers using crypto collateral are shifting away from bitcoin reliance, adding a wider mix that includes privacy-coin upstart Zcash; bitcoin is 30.5% of crypto collateral.

BTC

1112 ET - High net-worth borrowers using cryptocurrency as collateral for their loans are shifting away from bitcoin reliance, incorporating a wider mix that includes privacy-coin upstart Zcash.

According to data from CoinRabbit compiled by CryptoQuant, bitcoin represents 30.5% of the crypto collat…