Bitcoin-Backed Loans Could Hit $1 Trillion, Ledn Says — But Most Crypto Holders Still Haven’t Borrowed
Bitcoin Magazine
Ledn research suggests the Bitcoin-backed loan market could reach $1 trillion, despite low current adoption due to trust and volatility concerns.Summary
A new report from Ledn indicates that the market for Bitcoin-backed loans could grow to $1 trillion within a decade. While 88% of surveyed cryptocurrency holders expressed interest in borrowing against their assets, only 14% currently do so, revealing a significant adoption gap. Survey respondents identified trust, price volatility, and regulatory uncertainty as the primary barriers to entry. To bridge this divide, Ledn is focusing on building institutional trust, recently launching the first investment-grade Bitcoin-collateralized bond rated by S&P Global to foster wider market acceptance.
(Source：Bitcoin Magazine)