Bitcoin-backed lending market may grow to $1 trillion within a decade
The consumer bitcoin-backed lending market could grow from $3 billion to $1 trillion within 10 years.
A new survey found 88% of crypto holders would consider borrowing against their assets.
The biggest barriers to adoption are concerns over volatility, liquidation risk, and regulatory uncertainty.
The broader crypto lending market previously reached an all-time high of $73.6 billion in the third quarter.