Gemini’s New Collateral Options: Revolutionizing Crypto Payroll Integration for Startups
Gemini just dropped a bombshell on the crypto payroll scene. They’ve added XRP, Shiba Inu (SHIB), Dogecoin (DOGE), Solana (SOL), and Bitcoin Cash (BCH) to their cross-collateral options. For fintech startups in Asia, this is like finding the last piece of the puzzle. Gone are the days when crypto payroll alternatives were limited to just stablecoins.
Cross-Collateralization: What’s the Buzz?
Cross-collateralization allows you to use multiple crypto assets as collateral for trading derivatives. This means you don’t need to rely solely on stablecoins like USDT. If you’ve got a stash of 1,000 DOGE, 1 SOL, and 10 XRP, you can pool them all together to support leveraged positions. This is a game changer in crypto payroll integration for…
