BlockBeats News, May 24th - Cryptocurrency lending platform Ledn released a report stating that the Bitcoin collateralized lending market could grow from the current $3 billion to $1 trillion in the next 10 years. The report cited a survey of 1,244 cryptocurrency holders in the United States and Australia, with 88% of respondents expressing willingness to use their cryptocurrency as collateral for loans or credit products, yet only 14% currently doing so.

Ledn stated that this indicates a "6:1 gap between willingness and adoption" in the market. The report highlighted that the biggest barrier in the industry is not lack of demand but rather a trust issue. Users' top concerns include cryptocurrency price volatility, liquidation risks, and regulatory uncertainty. Furthermore, factors such as platform reputation, asset custody security, loan term transparency, and risk management capability are considered more important than the interest rate itself.