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via CoinDesk · By CoinDesk Staff
Bitcoin treasury firms outline $3 trillion opportunity in BTC-backed digital credit at Consensus
BTC
BTC/USDT
$59,617.04
-1.84%
$59,617.04
-1.84%
(24s)24h Volume
$29,298,459,308.73
24h H/L
$61,962.40 / $58,115.01
Change: $3,847.39 (6.62%)
Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate
+0.0014%
Longs pay
Data provided by COINOTAG DATALive data
CS
CoinDesk Staff(12:25 PM UTC)
1 min read
636 views
0 commentsBitcoin-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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