BTC lending is a very compelling option for lenders that hold Bitcoin.
In many tax jurisdictions, perhaps in the U.S. as well, (I'm not a tax expert, and this is not financial advice), exchanging BTC for WBTC could be a taxable capital asset event despite the underlying protocol being Bitcoin. By being able to lend BTC directly it may potentially reduce lenders' tax liability for long-term capital asset gains rather than converting BTC to WBTC.
According to a Telegram admin, this feature is a priority for the team within the year.
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