Recently, there is a noteworthy news—Russia's largest financial institution, Sberbank, is planning an innovative business: providing ruble loans to clients using cryptocurrencies as collateral. If this approach truly materializes, it could open a new door. The integration of traditional finance and digital assets has never been a small matter. Once major financial institutions start such operations, there may be a chain reaction. This not only signifies the expanding application scenarios for cryptocurrencies but also hints at a changing attitude among global mainstream financial institutions towards digital assets. Worth monitoring.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
17 Likes
Reward
17
6
Repost
Share
Comment
0/400
SnapshotDayLaborer
· 4h ago
Russia's move is interesting; when they take big actions, it's really different.
Traditional finance is still hesitating, while they directly use cryptocurrencies as collateral to exchange for rubles? That must be pretty desperate.
Wait... how did they get regulatory approval? Or does no one actually regulate at all?
If it really materializes, can big banks in other countries stay put? This seems like the start of a major explosion.
But on the other hand, the crypto world is always talking about application scenarios, and this time there's finally something real.
It's hard to see through it for now, but something feels off. What about the risks? No one is mentioning them.
View OriginalReply0
LayerZeroEnjoyer
· 21h ago
Wow, the Russian bank's move is quite aggressive. Crypto collateralized loans are directly reaching major institutions.
---
Here we go again. Traditional finance is finally lowering its stance and showing goodwill to the crypto world. Is this the beginning or a trap? It depends on what happens next.
---
Big move, chain reactions are definitely happening. The question is, when will the domestic market catch up?
---
Huh? Using crypto to borrow rubles? How desperate for cash do you have to be to play like that? Haha
---
This is the real bullish signal. Institutional recognition is true recognition.
View OriginalReply0
DegenWhisperer
· 22h ago
This is the real gameplay. Once big institutions start moving, it truly changes everything.
---
Russia's recent moves are indeed significant; it feels like a crack has opened.
---
Wait, using crypto as collateral for ruble loans? It depends on how it's priced.
---
The day mainstream finance recognizes it, retail investors will never lose regardless of how they play.
---
Hmm... a major move usually signifies what, exactly?
---
The feeling of breaking the ice—once it starts, it can't be stopped.
---
They're probably trying to find a way out for themselves, smart move.
---
Opening a new door is a nice way to put it; I just want to see who can make money.
---
A chain reaction is definitely underway; just waiting for others to take action.
View OriginalReply0
GasFeeLover
· 22h ago
I have to say, this move is quite aggressive. If Russia's Savings Bank really gets going, the traditional financial defenses might not hold up.
Wait, could this kind of collateralization risk being frozen to the max? It depends on how they handle that part.
Large institutions entering the market = increased recognition. It seems this move is mainly a prelude for what's to come.
There will definitely be followers, it's just a matter of time.
If this unfolds, having more use cases for the coins in hand, it’s interesting.
View OriginalReply0
ForkLibertarian
· 22h ago
Sberbank's move is really challenging the US dollar sanctions head-on
---
Wait a minute, if this really happens, the traditional financial sector's dominance will have to loosen
---
Lending in rubles with crypto as collateral? Interesting, but how to value it? That's a trap
---
Another major move, mainstream institutions are quietly entering, no need to pretend anymore
---
If the domestic market also adopts this approach, I would go all in
---
Basically, it's being forced; the US dollar is no longer effective
---
If crypto truly becomes collateral, then game over is not far away
---
The bear market is still lurking, big institutions are secretly laying out plans, even the King of Talk can see it
View OriginalReply0
BearMarketHustler
· 22h ago
Damn, Russia is really making moves this time. Major banks are starting to adopt crypto.
---
Wait, is this reliable? Could it just be hype?
---
Traditional finance is beginning to bow, the trend is irreversible, brothers.
---
If it really materializes, others will follow suit. This could be a turning point for the coin price.
---
Another "world-changing" news, I think I'll wait and see first.
---
I've known it would happen for a while, just a matter of time. Mainstream acceptance is increasing.
---
Russia doing this is quite interesting, a workaround under sanctions pressure?
---
I believe in the change in acceptance, but actual implementation is another story.
---
This could be a catalyst; the market should move now.
Recently, there is a noteworthy news—Russia's largest financial institution, Sberbank, is planning an innovative business: providing ruble loans to clients using cryptocurrencies as collateral. If this approach truly materializes, it could open a new door. The integration of traditional finance and digital assets has never been a small matter. Once major financial institutions start such operations, there may be a chain reaction. This not only signifies the expanding application scenarios for cryptocurrencies but also hints at a changing attitude among global mainstream financial institutions towards digital assets. Worth monitoring.