M2, a cryptocurrency exchange based in Zug, Switzerland, has partnered with NiceHash, the hashrate marketplace leader, to provide lending solutions in USDT, tethered to Bitcoin collateral, for global miners.
Miners can now borrow funds to grow operations or handle expenses while keeping their BTC intact.
The process integrates with NiceHash's platform, with miners pledging Bitcoin through M2 Global Wealth Limited and receiving USDT loans with repayment flexibility.
This collaboration aims to provide miners with liquidity for operations without selling their Bitcoin, offering a new solution to access capital in the industry.