Hello,

Now you can denominate your loans in other currencies. At every payout the total value in bitcoin will be calculated using the current MtGox exchange rate.

Motivation: protect from fluctuations in bitcoin price.

Example:

You borrow 30.0 BTC today, to pay next month, suppose BTC is at USD$30.00.

Next month you will make the payment, BTC price is now USD$ 60, instead of paying 30 BTC back, you will pay 15 BTC, the amount in MtGox USD remains constant.

You can hedge your loans with:

• Bitcoin - same as before
• MtGoxUSD
• MtGoxEUR
• MtGoxRU