[Analyst Willy Woo: BTC as Collateral May Better Help Lending Institutions Manage Risk] Bitcoin analyst Willy Woo posted that the commonly mentioned idea of 'BTC as pristine collateral' is more beneficial to lending institutions rather than borrowers. He pointed out that traditional mortgage collateral has opaque valuations and lengthy disposal cycles, which place greater risk on banks. In contrast, the prices of digital assets like BTC are visible in real-time, and on-chain liquidation is convenient. Institutions can quickly trigger forced liquidations during price fluctuations and collect penalties, rolling the funds to the next borrower. Therefore, in lending scenarios, users who use highly volatile assets that can be priced in real-time as collateral are actually more prone to liquidation and incurring additional fees.