Moody's has assigned a 28% haircut to Bitcoin used as collateral in a New Hampshire municipal bond deal, setting a liquidation trigger at 1.40x coverage. This marks Bitcoin's formal entry into credit markets as usable financial collateral, opening new liquidity but also creating automatic selling pressure if price drops. https://cryptoslate.com/bitcoin-collateral-credit-markets-haircut-liquidation-risk/ #Blockchain #Crypto #Institutional
Moody’s prices Bitcoin at a 28% haircut — and sets the trigger for forced selling

New Hampshire’s rated bond matters less as a crypto first than as a sign Wall Street can now lend against BTC inside a public-market wrapper.

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