bearish
Crypto Lending Series #4: The Waste Land of Lending
308 Views02 May 2023 16:04
SUMMARY
- In the latest inning of the crypto credit crisis, real world banks like Silvergate was shuttered making the on-and-off ramp of crypto to fiat more challenging.
- Crypto lenders have already been decimated in the centralised lending space while DeFi lenders seem to trudge along - but are they the bastions of success?
- We analyse what the current landscape means for the crypto lending industry and have a regrettable conclusion.
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Rose Choy
Credit/Macro/Crypto Analyst, Former Credit/MA PM
- Crypto Lending Series #4: The Waste Land of Lending02 May 2023
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