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Coin Edition 2023-12-18 11:22:20

Crypto Loans Rebound to $581M in 2023, Reflecting 55%+ Growth

Crypto-based loans have experienced a notable rebound of over 55% in 2023 as companies increasingly turn to blockchain-based financing amid elevated interest rates. The development was captured in a recent report by Bloomberg, noting that the resurgence marks a partial recovery from the crypto sector’s 2022 downturn. Citing data from RWA.xyz, a market intelligence platform The post Crypto Loans Rebound to $581M in 2023, Reflecting 55%+ Growth appeared first on Coin Edition .

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