It is stated that the positive approach of the United States administration to the crypto sector can lead to significant changes in the Bitcoin -secured loan market over the next four years. Mauricio Di Bartolomeo, one of the founding partners of the LEDN company, specializing on crypto asset loans, said these developments will change the structure of the market.
Bitcoin supported credit services
According to Di Bartolomeo, interest rates will decrease in loans with Bitcoin, which will make it competitive with traditional credit products. “You will soon observe an explosion in the Bitcoin guaranteed credit market, because rates will be able to compete with home loans or personal credit lines,” he said.
The explanations emphasized that Bitcoin’s crypto asset feature will maintain the same value all over the world. This may enable investors in developing countries to have as efficient financing opportunities as in Western economies.
Mauricio Di Bartolomeo: “Bitcoin offers uniform collateral all over the world. This will benefit the consumer.”
With the US Securities and Stock Exchange Commission (SEC) with withdrawing the Sab 121 rule, the fact that large banks start to show interest in crypto credit products may increase the competition of the market. Thus, lower interest rates and wider product range are expected in the market.
LEDN’s Entrepreneurship Story
Growing up in Venezuela, Di Bartolomeo stepped into the crypto world in 2014. While inflation and political difficulties experienced in his country, financing problems of Bitcoin mining in the immediate vicinity came to the agenda. In 2018, Adam Reeds launched LEDN in 2018 to solve this problem experienced by his own and his acquaintances.
Mauricio Di Bartolomeo said: “Miners needed cash for daily expenditures while maintaining Bitcoin income.”
Ledn; Bitcoin loans, brought accounts, stable crypto asset growth accounts and Ether securized loans, created a wide financial product portfolio. The company acted early in the Latin American countries and Spain.
Today, the combination of traditional financing methods and digital assets expands financial access by offering various options to consumers. This may contribute to the diversification of credit access in different geographies and to increase competition in interest rates.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
