Anonymous participant 934 Not true.
1. Borrow 16,000 USD stablecoin against BTC, ETH, SOL on Kamino or Aaave.
2. Cash out stable coin to bank, season the money for visa
3. After visa approved, repay
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USD stablecoin loan + 6-10% annual interest.
The loan is denominated in USD, the collateral moving in price doesn't affect the loan amount. Only thing to be aware of is the interest rate and provide enough collateral to not get liquidated on a down move.