Posteo
$1M Bitcoin Visa Card – Is $BTC Becoming a Real Banking Asset?
Today’s highlight: Silicon Valley fintech Aven just launched the Aven Bitcoin Visa, letting users borrow up to $1,000,000 using $BTC as collateral
Key takeaways:
High limit: Up to $1M backed by Bitcoin
Lower rates: ~7.99% APR (below typical 10%+)
Long term: Up to 10 years — rare in crypto lending
Secure custody: Collateral held by BitGo
Big question:
As Bitcoin starts functioning like collateral for real-world spending, is it evolving into a true “bankable asset” — or setting up bigger risks if volatility hits?
#DailyOrbit #WHBTCReserveBigReveal $BTC $ETH $SOL $XRP
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