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Bitcoin treasury firms outline $3 trillion opportunity in BTC-backed digital credit at Consensus
BTC
BTC/USDT
$79,943.99
+0.24%
$79,943.99
+0.24%
(24s)24h Volume
$6,936,582,021.60
24h H/L
$80,107.99 / $79,233.00
Change: $874.99 (1.10%)
Long/Short
53.1%
Long: 53.1%Short: 46.9%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:25 PM UTC)
1 min read
Bitcoin-backed “digital credit” is scaling fast, with executives pointing to a $3 trillion long-term opportunity.
$3 trillion. That’s the scale of the opportunity bitcoin treasury executives see in digital credit, a fast-growing class of bitcoin-backed debt instruments designed to generate yield on bitcoin holdings.
The market has already grown to about $10 billion in less than a year…
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