A massive $1 trillion hidden market is waiting to be unlocked in bitcoin, says new report
CoinDesk
A new report by Ledn suggests the bitcoin-backed loan market could reach $1 trillion as consumer demand far exceeds current adoption levels.Summary
A report by crypto lender Ledn indicates that the market for bitcoin-backed loans has the potential to grow to $1 trillion over the next decade. Research conducted by Protocol Theory identifies a significant "6-to-1 consideration-to-adoption gap," noting that while most cryptocurrency holders are interested in using their assets as collateral, few currently do so. The primary barriers to adoption include concerns regarding price volatility, liquidation risks, and regulatory uncertainty. Although the sector faces lingering trust issues following the collapse of major lenders in 2022, the report emphasizes that bridging the confidence gap is the key to unlocking this massive market potential.
(Source：CoinDesk)