SALT, the crypto lending platform, announced that they are adding the mega-famous “joke” altcoin, Dogecoin as collateral for users seeking to leverage their cryptocurrency to get loans in dollars.
This information comes just weeks after SALT did some other improvements to Litecoin backed loans. At the same time, they increased their worldwide presence in international locations like UK, Hong Kong, New Zealand, and Vietnam.
Their official release on Medium states:
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“Dogecoin has a rich history and incredible support from its community, is widely traded, offers high liquidity, and is built using the Bitcoin code base — all factors