🔄What is Collateral?

Collateral is simply the asset the Borrower puts in as security of the loan.

Collateral means the asset the lender is willing to accept as security while issuing the loan to the borrower.

If BTC is mentioned as the collateral for a loan in USDT, it means the borrower must deposit BTC (which will be kept safe in the Escrow Vault of DecentraCredit) before the lender releases the loan of USDT.