According to an official media release, Lend at Hodl Hodl is now open for US customers.
From now on, any user can globally earn interest by becoming a lender OR receive some liquidity by borrowing stablecoins. We are removing borders to make this product truly global and to bring value to the bitcoiners around the world.
What is Lend at Hodl Hodl?
Lend at Hodl Hodl is a non-custodial Bitcoin backed lending platform that allows its users to lend and borrow anonymously on a P2P basis. Our lending platform is based on Bitcoin multisig, which ensures a secure and transparent collateral storage system, by generating a unique multisig escrow address for every contract created.
Own your money
At Hodl Hodl, you OWN YOUR MONEY and our lending platform is no exception.
Have you ever wondered how centralized entities use the money you’ve invested? You can sleep well using Lend at Hodl Hodl, since you always know where your Bitcoins are — in escrow. And even better — you control the keys.
Why the US market?
As you know, Hodl Hodl has not served the US market up until this moment, however we have always wanted to enter the US market. So our new Bitcoin DeFi project has become the best tool to start, since being non-custodial and eliminating fiat has helped us remove the barriers to entry.
Lend at Hodl Hodl is the first of our products entering the US, and we aim to bring more products to the US market, allowing American users to benefit from the truly P2P services of Hodl Hodl.
Removing fiat also removes the currency barriers, meaning that you, being a lender from the US, can lend to a person from Russia, and vice versa, and for anywhere in the world. So create your offers, and let Bitcoin erase boundaries.