BTCLOAN has announced the launch of a global Bitcoin-backed lending market, aggregating quotes from multiple institutional lenders. Users in non-sanctioned regions can pledge Bitcoin, Ethereum, and other crypto assets to obtain USD or USDT loans without selling their holdings. The platform employs a dynamic loan-to-value (LTV) ratio that adjusts risk ratings based on repayment history and on-chain behavior, with a maximum LTV of 70%. Partners include Tether, Galaxy, and other institutions, enhancing transparency through verifiable custody and reserve proofs. Borrowers can compare loan terms from multiple institutions to find the best rates. This initiative expands options for crypto holders seeking liquidity without giving up their positions.