Jacob Phillips(@JacobPPhillips):Bitcoin continued to dominate as the preferred collateral. @Lombard_Finance & @FlowTraders thread the needle for institutions who want to borrow stablecoins but can’t post onchain collateral (the @CapApp model) Onchain BTC collateral -> posted to back stablecoin lenders -> who lend directly to leading Institutions.

Jacob Phillips

@JacobPPhillips

CoFounder @Lombard_Finance prev: Polychain, Perennial

Joined July 2019

3.6K Following 8.9K Followers

Jacob Phillips@JacobPPhillips

2026.07.23 14:09

Bitcoin continued to dominate as the preferred collateral. @Lombard_Finance & @FlowTraders thread the needle for institutions who want to borrow stablecoins but can’t post onchain collateral (the @CapApp model) Onchain BTC collateral -> posted to back stablecoin lenders -> who lend directly to leading Institutions.