Ledn's Bitcoin-Backed Loans Top $11 Billion as Borrowers Fund Real-World Needs
- —Ledn's bitcoin-backed loan volume topped $11 billion
- —Borrowers use proceeds for tuition, bills and working capital
- —SALT Lending and Ledn are among crypto credit's oldest players
Why it matters: Growing real-world demand for BTC-backed credit reduces reliance on speculative leverage and lowers the risk of cascading liquidations.
Source: Coinotag