Ledn Co-Founder Predicts Global Surge in Bitcoin-Backed Lending Rates

Bitcoin-Backed Loans Are Going to Get Way Cheaper Around the Globe: LEDN Co-Founder

April 9, 2025 - The cost of borrowing money with bitcoin as collateral is set to plummet globally, according to the co-founder of LEDN, a leading provider of bitcoin-backed loans.

In an interview with CoinDesk, LEDN Co-Founder and CEO, Alex Lipton, revealed that the company is on track to reduce the interest rates on its loans by as much as 50% in the coming months.

The move is expected to make bitcoin-backed loans more accessible and affordable for individuals and businesses looking to tap into the value of their digital assets.

"We're seeing a huge surge in demand for bitcoin-backed loans, and we're responding by making our product more competitive," Lipton said. "We're committed to making it easier for people to access the value of their bitcoin holdings, and reducing our interest rates is a key part of that strategy."

LEDN's loan products allow borrowers to use their bitcoin as collateral to secure a loan in fiat currency. The company's loans are currently priced at around 12% interest, but Lipton said that the new rates will bring the cost of borrowing down to around 6-7%.

The reduced interest rates are expected to have a significant impact on the global adoption of bitcoin-backed loans, particularly in regions where access to traditional credit is limited.

"This is a game-changer for people who want to use their bitcoin to finance their businesses or personal projects," Lipton said. "We're excited to bring this product to more people around the world and help them achieve their goals."

LEDN's move to reduce its interest rates is seen as a key development in the growing market for bitcoin-backed loans. The company has already established itself as a major player in the space, and the reduced rates are expected to fuel further growth and adoption.

As the cost of borrowing with bitcoin-backed loans falls, it is likely to increase the appeal of these products to a wider range of users. The move is also expected to put pressure on other providers of bitcoin-backed loans to reduce their interest rates and stay competitive.