Galaxy Unveils Crypto-Backed Line of Credit Service

Galaxy Unveils Crypto-Backed Line of Credit Service

Tue, August 25, 2026 at 8:35 PM GMT+3 1 min read

• USDC-USD +0.02%

Today, Galaxy unveiled a revolving line of credit on its retail app GalaxyOne, letting eligible U.S. clients borrow cash against BTC, ETH, and staked SOL for liquidity without selling.

What's the Scoop?

• The terms: The multi-asset line carries no origination fee, an 8.99% variable APR, and a 50% loan-to-value ceiling, with staked SOL continuing to earn rewards while pledged.

• The pitch: Galaxy says pledged collateral isn't rehypothecated and draws typically land in USD or USDC almost instantly, framing the product as steadier than pure DeFi borrowing rails.

• The fit: It's the newest build-out of GalaxyOne, the superapp Galaxy launched in October 2025 that already bundles high-yield cash, staking, and commission-free stock trading.