Empréstimo lastreado em crypto ultrapassa U$ 10 bilhões
comentada em 26/05/2020 12:44

https://reports.credmark.com/TheCryptoCreditReport-q4-2019.pdf





According to a report by Credmark, the crypto lending market reached $8 billion in total lifetime loan originations as of Q4 2019. The market size has increased since then and now exceeds $10 billion in total loan originations. As a point of comparison, the global consumer and peer-to-peer lending marketplace has annual transaction volume of $85 billion. This is a more established market that comprises private online lending portals such as Lending Club, Funding Circle, Zopa, auxmoney, and Prosper.

The crypto lending market has gained traction as the crypto market’s capitalization grew and individuals and institutions realized their crypto holdings could be an excellent source of collateral. Crypto holders may want to access dollars while still holding on to their crypto, and thus they can collateralize dollar loans with their crypto stash. More sophisticated investors may want to realize the tax benefits of leveraging their crypto to access dollars, instead of selling and triggering a taxable event subject to capital gains tax. Similarly, miners with ongoing operational expenses can take out loans to fund operations while maintaining their crypto exposure.

Exploding Past $10B, Interest Income And Lending Are Bitcoin’s First Killer Apps