reply on: Hodl Hodl has blocked access to its lending platform for users in the USA. \ stacker news ~alter

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0 sats \ 1 reply \ @nullama 24 May 2024 \ parent \ on: Hodl Hodl has blocked access to its lending platform for users in the USA. alter_native

But how does it work, as in, they would have to pay that loan eventually.

10 sats \ 0 replies \ @kristapsk 24 May 2024

You bet on increase of BTC price, if it goes up in USD terms, you spend less BTC on paying back. Or you could get a new loan, to pay back USDT for the old one, without selling BTC.