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Bitwise CEO: In the next 6 to 12 months, the hot topics in the encryption field will focus on credit and lending markets.
PANews September 18 news, Bitwise CEO Hunter Horsley tweeted that in the next 6 to 12 months, the focus in the Crypto Assets field will shift towards credit and lending. This sector is expected to experience explosive rise in the coming years. He pointed out that the current market value of Crypto Assets is approaching 4 trillion dollars and continues to rise. When people are able to use Crypto Assets as collateral for loans, they will choose to borrow rather than sell. In addition, the market value of publicly traded stocks in the United States exceeds 60 trillion dollars. With the tokenization of assets, individuals holding 7,000 dollars worth of stocks will be able to use on-chain methods for collateralized lending for the first time. Horsley believes that Crypto Assets are redefining capital markets, and this is just the beginning.