Xapo Bank is launching Bitcoin-backed USD loans specifically for qualified clients who hold Bitcoin long-term. Eligible borrowers can secure loans up to 1,000,000 USD, ensuring no rehypothecation of their Bitcoin collateral, enhancing the security of their investments.

Clients have the option for various repayment periods and can repay without penalties. The service extends to global investors outside the United States, aiming to meet rising demand for secure and reliable Bitcoin-backed loans.