Sberbank, Russia's largest bank, is moving forward with plans to offer ruble-denominated loans backed by cryptocurrency as collateral. This marks a significant step in bridging traditional banking infrastructure with digital assets, potentially reshaping how major financial institutions approach crypto integration. The move could set a precedent for other major banks globally to explore similar crypto-backed lending products, opening new avenues for crypto holders to access liquidity without selling their positions. It reflects growing institutional acceptance of cryptocurrencies as viable financial instruments in mainstream banking operations.

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DeFiAlchemistvip
· 12-26 12:54
*adjusts alchemical instruments* sberbank's transmuting crypto collateral into ruble liquidity... the philosopher's stone of modern finance finally materializing in traditional vaults, ngl this algorithmic equilibrium between cefi & defi is chef's kiss
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GateUser-74b10196vip
· 12-26 12:33
Wow, Russia really dares to play this time. They directly use cryptocurrency as collateral to borrow rubles. Traditional finance has finally bowed down.
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GateUser-26d7f434vip
· 12-26 12:30
Wow, Sberbank's move is really something. Traditional banks are finally starting to take us seriously... Using crypto as collateral to borrow rubles? Now there's no need to cut losses.
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DeFi_Dad_Jokesvip
· 12-26 12:29
Damn, Russian banks are starting to get into crypto, and we're still struggling with regulation.
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