Gallegos NielsenDec 17, 2021 · 3 years ago8 answers Are there any risks associated with using cryptocurrencies as guarantors of debt?
What are the potential risks involved in using cryptocurrencies as guarantors of debt? How does the volatility of cryptocurrencies affect their suitability as collateral? Are there any legal and regulatory concerns when using cryptocurrencies as guarantors of debt? How do the security and privacy features of cryptocurrencies impact their use as collateral? Are there any specific risks associated with using cryptocurrencies as guarantors of debt in the context of decentralized finance (DeFi)?