[Flow Traders Pilots Lombard Bitcoin Credit Lending Program, Using BTC to Back Stablecoin Financing] Odaily Planet Daily News: Bitcoin financial product platform Lombard Finance has announced the launch of the Bitcoin Onchain Credit Strategy, with global trading firm Flow Traders as the first pilot partner. According to the program, Flow Traders can borrow stablecoins for market-making without providing on-chain collateral. The collateral backing is provided by Bitcoin deposited into the Lombard Bitcoin Earn yield product and is underwritten through the Cap private credit platform. (The Block)