Loan startup Dharma announces official opening of crypto loans

On April 8, Dharma, a loan startup, announced that it has officially opened up its crypto loans. The lender and the borrower implement a peer-to-peer loan, and the encrypted loan terms are unmanaged and managed by Dharma's smart contract. Dharma offers fixed-rate loans with a fixed interest rate, and lender deposits only earn interest when the borrower uses the assets.