#Gate广场圣诞送温暖 This morning, the cryptocurrency world was completely shaken by JPMorgan's official announcement. This top global investment bank surprisingly stated that Bitcoin and Ethereum can be used directly as loan collateral!

This is by no means a normal operation; it is not an exaggeration to say it is a milestone breakthrough in the crypto world. In the past, when applying for a loan, one had to either mortgage real estate or use stocks as collateral. As holders of cryptocurrencies, we could only bear the pain of selling our coins to turn over funds.
Just like the old established banks only took gold and silver seriously in the past, now they suddenly accept jade as collateral. This reflects traditional finance's public recognition of the value of crypto assets, which is on a completely different level than before.
More importantly, JPMorgan is known for its strict risk control, and passing through its layers of reviews is equivalent to the traditional financial sector giving BTC and ETH a formal compliance stamp: these two are legitimate assets with actual value.
For ordinary players, three impacts are most tangible: First, holding coins does not require painful cashing out, and they can also borrow money for turnover, directly maximizing asset flexibility; second, holding coins generates returns not just from price fluctuations, but also provides a practical avenue for financing and cashing out; third, with JPMorgan taking the lead, it is highly likely that more financial institutions will follow suit, leading to a more mature industry ecosystem.
But beginners must not blindly follow the trend, as there are many hidden barriers: cryptocurrency volatility is already high, and loan amounts are mostly lower than those for stock collateral; initially, it is likely to be open primarily to large institutions, and personal limits will also be very strict.
In fact, this has long been foreshadowed: Recently, cryptocurrency regulations have become clearer, and asset custody has become more standardized. The conditions for traditional finance to enter have long matured. For newcomers, the core signal is very clear: cryptocurrencies are no longer niche assets; they are accelerating their integration into the mainstream financial system.
But no matter how good the news is, it must be approached steadily. First, understand the rules and clarify the thresholds before taking action; blindly following the trend will eventually lead to pitfalls.