Major U.S. Banks Begin Issuing Credit Against Bitcoin
1️⃣ Saylor’s Big Reveal:
Michael Saylor reports that several major U.S. banks are now issuing credit backed by Bitcoin — a major step toward deeper institutional adoption.
2️⃣ Banks Involved:
According to Saylor, these top institutions have entered the BTC-collateral space:
• Citi
• JPMorgan
• Wells Fargo
• BNY Mellon
• Charles Schwab
• Bank of America
3️⃣ Why This Matters:
When leading banks accept Bitcoin as collateral, it signals confidence in BTC as a high-quality asset, similar to traditional financial instruments.
4️⃣ Institutional Shift:
This move bridges TradFi and crypto, making Bitcoin-based credit more accessible for corporations and high-net-worth clients.
5️⃣ Crypto Market Impact:
Increased credit availability backed by BTC can support higher liquidity, institutional flows, and long-term demand.
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