Markets· ★★★· neutral·

KuCoin: digital credit market hits $16B, could rival Bitcoin

  • —KuCoin pegs the digital credit market at $16 billion, up from near-zero two years ago
  • —Strategy's STRC pays a 12% annualized dividend bi-monthly
  • —STRC fell nearly 29% in June, forcing Strategy to sell Bitcoin for dividends
  • —Bitcoin's ~$1.5 trillion market cap dwarfs the $16 billion digital credit sector
Why it matters: Growth in yield-bearing Bitcoin instruments could divert capital from direct BTC purchases, shifting demand dynamics.
#BTC
Source: The Cryptonomist
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