Something like that.

Some lenders on Debifi can pay the fiat amount directly to the borrower via a bank transfer. 

teemupleb

Loan amounts on Debifi generally start from about $5,000, and the rates hover between 10-20%.

Terrible rates. So many places in fiat land a person can get 0% up to 12 months on a fee of 4% of amount borrowed

Besides that what is the workflow from going to stables to paying a fiat bill. Does the borrower get USDC and has to go to Robinhood or coinbase to swap to Fed tokens to pay the mortgage bill?

bitcoin

Debifi: Bitcoin-Backed Self-Custodial Loans Without Rehypothecation

> Loan amounts on Debifi generally start from about $5,000, and the rates hover between 10-20%.

Terrible rates. So many places in fiat land a person can get 0% up to 12 months on a fee of 4% of amount borrowed 

Besides that what is the workflow from going to stables to paying a fiat bill. Does the borrower get USDC and has to go to Robinhood or coinbase to swap to Fed tokens to pay the mortgage bill? 