The current surge in personal loans highlights increasing consumer confidence, with more than â¬13 billion in outstanding credit, the highest since February 2020.
"DeFi lending has built billion-dollar markets around traditional financial primitives, yet it faces growing pains as emerging market dynamics challenge its original framework and value capture strategies."
Mark Boughey highlighted the controversial nature of Crown Preference, stating it often leaves unsecured creditors, like suppliers, with nothing in insolvency cases.