Xapo Bank has been pushing a simple message to long-term Bitcoin holders: do not just park your coins, put them to work. From its base in Gibraltar, the Bitcoin-first bank has built a suite of “wealth” products that turn both USD and BTC balances into yield, with all returns paid out in Bitcoin.
For Bitcoiners weighing counterparty risk after a string of yield-platform blowups, Xapo’s approach is worth a closer look, both for what it offers and for what it deliberately avoids.
A regulated Bitcoin bank, not a typical yield platform
Xapo started in 2013 as a Bitcoin wallet and vault, and has since evolved into a fully licensed bank and virtual asset service provider (VASP) in Gibraltar. Fiat services are provided by Xapo Bank Limited, a regulated credit institution, while Bitcoin and other digital asset services are provided by Xapo VASP Limited under a DLT license.
The pitch is that you can hold USD and BTC side by side, earn interest on both, and use a global debit card with BTC
We współpracy z: https://cryptoslate.com/xapo-banks-bitcoin-wealth-ecosystem-explained/
