Ledn, which operates in the field of lending with crypto assets, predicted in its new research that bitcoin-secured loans could reach 1 trillion dollars in the next decade. The company attributes this growth potential to a remarkable contradiction, with the low level of usage rates despite the high level of consumer demand.
Intense interest in Bitcoin-secured loans, usage is lower
In the study conducted together with market research company Protocol Theory, Ledn interviewed a total of 1,244 cryptocurrency owners in the United States and Australia. 88 percent of survey participants said they were seriously considering using a crypto-secured loan or card. However, only 14 percent actually use these products.
In the research, this situation was defined as “a six to one difference between idea and practice”. Although consumers have shown interest, actual usage has lagged far behind this demand.
Ledn co-founder Mauricio Di Bartolomeo emphasized that consumer demand is ready: “The main thing that remains is to build the infrastructure that will provide confidence to borrowers.”
Total volume of the market and comparison
According to the company’s calculations, the retail bitcoin-secured loan market is currently around $3 billion in size. However, the total cryptocurrency market reached 2.68 trillion dollars at the beginning of May. Galaxy Research data shows that the crypto loan sector reached up to $73.6 billion in the third quarter of 2025; Bitcoin-secured loans constitute only a small part of this large volume.
| Market/Title | 2025/Q3 Volume | 2026 Forecast |
|---|---|---|
| The Entire Crypto Credit Industry | $73.6 billion | $1 trillion (Ledn project) |
| Bitcoin Secured Loans | $3 billion | $1 trillion (Ledn project) |
| Total Crypto Market | $2.68 trillion | – |
Mini dictionary: Ledn stands out as a financial platform that offers savings accounts as well as crypto asset-backed loan products and promises transparency and trust-based services. It allows its users to get loans secured by bitcoin and stablecoin.
Confidence crisis and obstacles
According to the research, previous crises in the market remain one of the biggest obstacles to user confidence. In 2022, bankruptcy and restructuring occurred on leading platforms such as Celsius Network, Voyager Digital and BlockFi, resulting in billions of dollars in consumer losses. These events are instrumental in perpetuating the large gap between expectations and actual usage.
Price fluctuations, liquidation risk and regulatory uncertainties stood out among the reasons why participants did not use credit products. In addition, users found the reliability of the platform, transparent transaction conditions, strong risk management and solid storage infrastructure more important than loan interest.
The main condition for growth: restoring trust
In Ledn’s analysis, it was emphasized that trust rather than awareness will be the determining factor for the market to reach the determined $1 trillion. The majority of consumers understand how the bitcoin collateral system works; The main shortcoming stands out as the failure to provide a sufficient environment of trust.
The company states that there is an urgent need to strengthen transparency and advanced risk management frameworks. Ledn is of the opinion that these factors will play a critical role in the development of the bitcoin-secured loan market in the coming years.
