Bitcoin credit market grows to $16B in two years
- —The bitcoin credit market is estimated at $16 billion
- —Two years ago the segment barely existed
- —Bitcoin's market capitalization is about $1.5 trillion
- —Models include BTC-backed loans, yield products and debt tokenization
Why it matters: Growth in BTC-backed lending expands demand for bitcoin as collateral, but carries liquidation and excessive leverage risks.
Source: CriptoTendencias