Ledger Wallet Launches Crypto Lending Feature, Supporting cbBTC and wBTC Collateral to Borrow USDC and USDT

Ledger has launched a crypto lending feature in its Wallet, powered by Morpho, with technical integration handled by Yield. The initial offering supports four markets on Ethereum, allowing users to use cbBTC or wBTC as collateral to borrow USDC or USDT. Users can track their loan-to-value (LTV) ratio within the Ledger Wallet and make repayments, add collateral, or withdraw assets as needed, with all operations requiring plaintext signature confirmation on the Ledger hardware device. This feature has variable interest rates and carries liquidation risks, with specific availability varying by country and region.

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