#OnChainLendingSurge , I have noticed that the hashtag is trending, and for a good reason. On-chain loans are growing rapidly because they offer something that traditional banks cannot: direct and fast access without intermediaries. Basically, you can use your cryptocurrencies as collateral to obtain loans in stablecoins or other cryptocurrencies.
The good thing is that $BTC is also part of this. While many see BTC as a long-term investment, you can now deposit it into these platforms and obtain a loan without selling your Bitcoin. It's a way to make your investment yield more without letting it go.