Woofun AI reports that the global market for BTC-backed consumer lending could expand nearly 300-fold over the next decade to reach $1 trillion, by crypto lending platform Ledn. Current utilization remains low despite high potential demand, with Ledn estimating the existing market size at approximately $3 billion. This figure contrasts with Galaxy Research’s projection that the broader crypto lending sector could peak at $73.6 billion in the third quarter of 2025.Survey data from Protocol Theory, covering 1,244 cryptocurrency holders in the United States and Australia, reveals a stark disparity: while 88% of respondents are open to using crypto assets for mortgages or credit, only 14% actively use such services. Mauricio Di Bartolomeo, co-founder of Ledn, stated that the industry’s primary deficit is a trust infrastructure capable of bolstering borrower confidence. Key barriers include price volatility, liquidation risks, and regulatory uncertainty, leading users to prioritize platform reputation, custody security, and transparency over interest rates. The report frames crypto-backed lending as analogous to traditional instruments like stock pledge financing, enabling liquidity access without asset disposal.