Crypto Lending: The Solution to Banking Woes?2

With the rapid growth of the cryptocurrency space, more and more niches and industries are seeing legitimate disruption from startups and projects leveraging blockchain. One such example is finance, or more specifically, lending. Collectively, billions of dollars worth of loans have been created, much of which took place in 2019 alone.

At Consensus 2019, SALT hosted a discussion panel with many of the industry leaders in crypto lending. Ben Yablon, co-founder and executive chairman at SALT, was joined by counterparts at Celsius Network, BlockFi, CRED, and Nexo to talk the future of lending and banking throughout the crypto space. Collectively, these companies are providing impressive interest rates on crypto deposits alongside competitive offers on crypto-collateralized loans.

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