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by saurik 1459 days ago
You can deposit something like AVAX as collateral into a DeFi loaning protocol such as Benqi and then borrow USDT. (I actually wasn't loaning out a LOT of USDT on that until somewhat recently.) The general idea is that people are often willing to loan you things if you have enough collateral and are willing to pay high enough interest on the loan.
1 comments

wasn't -> was