Bitcoin-Backed Credit Market Explodes: Institutional Demand Soars

A recent chart revealing weekly Bitcoin-backed credit volumes has sparked an intense debate within the crypto industry. While Michael Saylor’s caption suggested otherwise, the data paints a stark picture of expanding institutional adoption as Bitcoin serves as collateral for loans. This surge in demand signals a structural shift in how institutions utilize BTC, potentially transforming its role from just a currency to a foundational asset in financial markets.