Bitcoin payment platform Strike has launched a new loan product backed by Bitcoin as collateral. According to the introduction, as long as borrowers make timely interest and principal payments, even if the price of BTC drops significantly, there will be no margin calls or forced liquidation due to changes in the collateral ratio, and the collateral assets will remain unchanged. However, if borrowers miss payments and fail to fulfill their obligations within a 10-day grace period, the collateral may be partially liquidated. This product is currently available as a term loan in select U.S. states and does not support revolving credit. (The Block) https://www.(wublock123.com)/news/strike-btc-price-protected-collateral-loan-64180