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OranjeBTC CEO Discusses Bitcoin-Backed Loans and Digital Credit in Brazil

Image: TokenPost

OranjeBTC CEO Gui Gomes discussed Bitcoin (BTC)-backed lending in Brazil, including a loan described as the country’s first of its kind, during a conversation about digital credit and Bitcoin’s place in financial markets. Gomes described Bitcoin as “likely the best collateral one could ask for.” He discussed how Bitcoin-backed loans could connect the asset with broader financial markets. The conversation also covered Bitcoin’s use as collateral and the future of digital credit. Brazil’s potential as a home for a Bitcoin treasury company was another topic. Gomes addressed the country’s advantages for building such a business and its grassroots Bitcoin adoption. He also discussed virtual-asset service provider licensing rules. The political and economic discussion touched on elections, a possible shift toward a pro-market economy, interest rates and the Brazilian real.

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