PANews reported on May 24 that, according to CoinDesk, a new report from crypto lending platform Ledn shows that the global Bitcoin collateralized lending market may surge from its current size of approximately $3 billion to $1 trillion over the next decade, becoming a huge untapped potential market for the crypto industry.

The report cites a survey conducted by research firm Protocol Theory of 1,244 cryptocurrency holders in the United States and Australia, which found that approximately 88% of respondents expressed a willingness to use cryptocurrency-backed loans or credit products, but only 14% are currently actually using them. Ledn summarizes this phenomenon as a "6:1 interest-to-adoption gap."

Analysts believe this means that while many cryptocurrency holders want to maintain liquidity by "holding their coins without selling," the industry's trust infrastructure is still far from mature. Ledn co-founder Mauricio Di Bartolomeo stated, "The demand-side issues have been resolved; what the industry truly lacks is a trust system that allows users to lend and borrow with confidence."

The report points out that crypto-collateralized lending is essentially similar to stock-pledged financing or home equity loans in traditional finance. The core logic is that users can obtain cash flow without selling long-term assets.

The report also points out that users value platform reputation, risk management capabilities, and asset security more than interest rates and product features. With the global total market capitalization of crypto assets reaching approximately $2.68 trillion, the market is gradually realizing that "obtaining liquidity without selling cryptocurrency" may become an important direction for the next stage of Bitcoin's financialization.