🚨 Galaxy debuts a crypto-backed credit line with 8.99% APR for retail users in 40 states.
💸 Eligible clients can borrow cash against $BTC, $ETH, or staked $SOL with no origination fee.
🔒 Galaxy says it does not rehypothecate pledged assets, aiming for enhanced user safety.
📉 Previous crypto lenders collapsed in 2022, but Galaxy launches the product on a regulated platform.
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