With the rise of cryptocurrency, many people have staked out their position to belonging to one of two camps: virtual currencies or fiat. However, a bridge between these camps is emerging as ETHLend is adding crypto-to-fiat to their loan options.
On Friday, popular cryptocurrency lending platform, ETHLend, announced plans to introduce fiat financing to their lending system. This announcement came after copious amounts of requests from the ETHLend community for the addition of this branch of financing on the platform.
BREAKING NEWS: ETHLend Expands to FIAT Lending: Licensing Process Has Initiated
Details about how ETHLend will provide additional compliance to cryptolending market and broadening our lending operations to FIAT lending in the link: https://t.co/k0HzscrzVk pic.twitter.com/Miq2x8ou1k