Bitwise CEO: In the next 6 to 12 months, the focus of the crypto field will be on the credit and lending market

PANews reported on September 18 that Bitwise CEO Hunter Horsley tweeted that over the next six to 12 months, the focus of the cryptocurrency sector will shift to credit and lending. This sector is expected to experience explosive growth in the next few years.

He pointed out that the current cryptocurrency market capitalization is approaching $4 trillion and continues to grow. When people can borrow against cryptocurrency, they will choose to borrow rather than sell. Furthermore, the market capitalization of publicly traded stocks in the United States exceeds $60 trillion. With the tokenization of assets, individuals holding $7,000 worth of stocks will be able to borrow against them on-chain for the first time. Horsley believes that cryptocurrency is redefining capital markets, and this is just the beginning.