Dollar Loans are a fast and convenient way to access USD or USDC denominated loans using your BTC or ETH as collateral. Dollar loans can be disbursed in your local currency.
If you are a resident of a location/place within an eligible jurisdiction, we can approve your loan in less than 24 business hours and once approved you will be requested to send your collateral to a unique designated address.
Once the loan collateral arrives to this unique wallet, our team proceeds to disburse 50% of the value of your collateral in the next 24 - 48 business hours.
Depending on how the collateral is managed, a Dollar Loan is available as either a Standard Loan, where the collateral may be subject to rehypothecation, or Custodied Loan, where collateral is held in custody at qualified custodians or banks and not subject to further rehypothecation. Learn more about our Standard and Custodied loans here.