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Wells Fargo, managing over $2 trillion in assets, just moved Bitcoin into its loan collateral framework. This isn't some small pilot—it's a major institution formally recognizing crypto as a legitimate financial asset.
Why it matters: When banks this size start accepting Bitcoin as collateral, it signals institutional confidence is shifting. We're not talking about speculation anymore; this is about infrastructure. Borrowers can now leverage their crypto holdings without liquidating them, which changes the game for hodlers looking for liquidity.
The ripple effect is worth watching. If Wells Fargo does this, expect other major banks to follow within months. This kind of mainstream adoption typically precedes broader market movements.
Still, details matter—watch for what Bitcoin price thresholds they set, how much leverage they allow, and whether this expands to other assets like Ethereum.