Zest Lets Bitcoin Back Ethereum USDC Loans Without Wrapping BTC
What this rests on
Summary in preparation.
Market reaction
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before publication
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after
$84,472price at publication
12series points
How the story was built
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first
Sep 25 13:30
Has this happened before?
| When | What happened | Figure |
|---|---|---|
| 24 days ago | Coinbase adds fixed-rate bitcoin-backed loans through Morpho Midnight event | 2 actors in common · 4 news media |
| 24 days ago | Circle launches Bitcoin-backed USDC borrowing for institutional clients event | 1 actors in common · 2 news media |
What could happen next
What the prediction markets currently price as likely. This is context, not a forecast of ours: there is money on it, and that is all we show.
2 %
+1 pts
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Kalshi · $1,148,516 of open interest · resolves on Oct 2, 2026
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Kalshi · $1,135,683 of open interest · resolves on Oct 6, 2026