Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates

Image Source: Pixabay More companies are turning to blockchain-based private credit as they seek financing amid increasing interest rates, leading to a significant surge in this sector. According to RWA.xyz, a platform that tracks debt, active private loans through digital ledgers have risen by 55% since the beginning of 2023, reaching approximately $408 million as The post Blockchain-Based Private Credit Surges 55% as Companies Seek Financing Amid Rising Interest Rates appeared first on Cryptonews .