BlockBeats news, on May 24, the crypto lending platform Ledn released a report stating that the Bitcoin-collateralized lending market could grow from its current size of approximately $3 billion to $1 trillion over the next 10 years. The report cites survey data from 1,244 cryptocurrency asset holders in the United States and Australia, showing that 88% of respondents are willing to use crypto assets as collateral for loans or credit products, yet only 14% currently do so.
Ledn states that this indicates a "6:1 intent-to-adoption gap" in the market, with the industry’s primary barrier not being insufficient demand, but rather a trust issue. The report highlights that users’ top concerns include price volatility of crypto assets, liquidation risk, and regulatory uncertainty. Additionally, platform reputation, asset custody security, transparency of loan terms, and risk management capabilities are considered more important than interest rates themselves.