TREE NEWS reports: Galaxy Research reports that the crypto lending market contracted by 16.8% in Q2, reflecting a continued pullback in borrowing activity. However, the deleveraging process is described as ‘orderly and mild,’ suggesting stability rather than distress. The decline highlights a cautious market environment for crypto credit.
Galaxy Research: Q2 Crypto Lending Market Shrinks 16.8% QoQ, Deleveraging ‘Orderly and Mild’
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