đ Bitcoin-backed loans are booming! As Bitcoin adoption skyrockets, financial institutions are diving into BTC-backed lending. Ledn, a key player, processed a whopping $1.16 billion in crypto loans in H1 2024. đž
- Institutional investors are shifting from ETFs to Bitcoin-backed loans.
- Borrowers can snag loans with interest rates between 11.4% and 13.4%.
- The BTC lending market could hit $45 billion by 2030!
What do you think about this trend? Share your thoughts in the comments! đ
#Bitcoin #CryptoLending #FinancialTrends