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Bitcoin treasury firms outline $3 trillion opportunity in BTC-backed digital credit at Consensus

CoinDesk
Executives at Consensus highlighted a potential $3 trillion market for Bitcoin-backed digital credit as an emerging yield-generating financial instrument.

Summary

At the Consensus conference, industry leaders discussed the rapid growth of "digital credit," a new asset class of Bitcoin-backed debt instruments designed to provide yield. With approximately $10 billion in adoption achieved in less than a year, experts believe capturing just 1% of the $300 trillion global credit market could result in a $3 trillion opportunity. These instruments, structured as perpetual preferred stocks, allow investors to earn income while utilizing Bitcoin held on corporate balance sheets as collateral.

(Source:CoinDesk)