Bitcoin Lending Market Could Grow 100x, Says UXTO Management Executive

Bitcoin-focused asset manager UXTO Management Deputy CEO Dan Hillery has forecasted that the Bitcoin-based digital lending market could grow to a level comparable with Bitcoin's market capitalization of $1.5 trillion, up from its current approximately $16 billion scale.

In an interview with Bitcoin Magazine, he stated, 'The Bitcoin-based lending market, which practically did not exist two years ago, has now become one of the fastest-growing sectors. Over the next five years, various new financial products will emerge in the Bitcoin-based digital lending market.'