Jack Mallers: Strike introduces bitcoin-backed loans with no liquidation risk

Jack Mallers: Strike introduces bitcoin-backed loans with no liquidation risk
Strike unveils bitcoin loans without liquidation

Jack Mallers, founder and CEO at Strike, has announced the launch of volatility-proof bitcoin-backed loans. According to Mallers, borrowers can access dollar loans without facing margin calls or liquidation events, regardless of how much the price of bitcoin might decline. He emphasizes that while volatility in crypto markets is inevitable, liquidation risks can be eliminated, allowing users to keep their bitcoin as collateral while borrowing dollars.

Mallers has previously questioned who assumes losses during government interventions and has suggested that holding bitcoin in cold storage may shield owners from such losses. He has also clarified that he is not leading a Bitcoin treasury company. These comments frame Mallers’ ongoing focus on protecting user assets in volatile environments.

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