What does Bitcoin lending mean (banks lend to buy Bitcoin)?

What does Bitcoin lending mean? Bitcoin lending means borrowing with cryptocurrency. Specifically, it involves depositing digital currency into a designated wallet and providing a certain amount of legal tender to the borrower for repayment or interest, and so on. If a reputable bank trusts you and is willing to contribute to your business, you can use this currency to make payments on the platform at a low price (usually overseas). Since this operation is very simple and inexpensive, when a transaction is executed, it will be transferred to your own hands. (Mars Financial)

Buying Bitcoin with Bank Loans

According to reports, based on a report obtained by Bloomberg, banks have been buying Bitcoin to support their asset holding plans in the past three years. These loans are provided through the cryptocurrency custody service company, BitGo, which sells Bitcoin to its customers. This transaction allows the company to transfer their assets from the custody institution to a private wallet for digital asset payments. In addition, BitGo has recently partnered with a Swiss fintech startup to provide cryptographic custody solutions.