Bitget Expands rToken Support for Crypto Loans
Bitget has expanded its Crypto Loans service to support 128 tokenized stocks and ETFs, known as rTokens. These assets can be used as collateral to borrow USDT, USDC, or other supported cryptocurrencies.
The expansion of rToken support for Crypto Loans allows users to unlock liquidity from their tokenized stock holdings without selling them. This provides a new option beyond simply holding the asset or selling it to free up capital.
Eligible rTokens can be used as collateral to borrow a variety of cryptocurrencies, including USDT and USDC. The borrowed assets can then be used for spot trading, Bitget Earn products, transfers, or other eligible purposes.