The Bitcoin Borrowing Boom: A Market in Waiting The latest forecast from Ledn suggests a $1 trillion market for bitcoin backed loans over the next decade.
While some might view this as an extravagant estimate, it's hard to argue that demand isn't already present.
According to Protocol Theory's survey, 88% of cryptocurrency holders in the United States and Australia would consider using such a loan or credit product, despite only 14% currently doing so.