Blockchain.com has officially launched its Crypto-Backed Loans product globally, enabling users to borrow against their digital assets without selling them. The announcement was made on May 14, 2026, marking a significant expansion of the platform’s consumer and wealth services.
The new offering starts with annual rates as low as 1.9%, positioning it as one of the most competitive crypto-backed lending vehicles on the market. Supported collateral includes USDC, Bitcoin, and Ethereum, allowing long-term holders to access liquidity for major expenses like property purchases, business investments, or tax planning while retaining exposure to potential upside.
Peter Smith, CEO and Founder of Blockchain.com, emphasized that crypto-backed lending has been a top user request and that the company has a clear ambition to capture significant market share, leveraging its existing liquidity, infrastructure, and client-service capabilities. The product targets large crypto holders seeking high borrowing capacity and a premium experience, with the company planning to later expand into lending transfers for high-net-worth individuals.
The launch comes as the crypto-backed lending market surpasses $70 billion. Blockchain.com, operating across more than 70 jurisdictions and having processed over $1.2 trillion in transactions, reinforces its role as a comprehensive financial hub while maintaining compliance and security standards.
