Using digital assets to earn yields and borrow capital became possible thanks to crypto lending, one of the fastest-growing sectors in the crypto ecosystem.
Crypto lending, one of the fastest-growing industries in the blockchain ecosystem, has made it possible to earn yields and borrow capital using digital assets.
According to a report by research company Credmark, the volume of crypto-backed loans increased seven-fold in 2019, ultimately reaching $8 billion.
Experts speculate that crypto lending will attract more investors into the crypto market by increasing its liquidity.
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https://cointelegraph.com/news/crypto-lending-the-ultimate-killer-app