Unsecured stablecoin lendingPreface
Users in the global unsecured consumer credit market are like the fat sheep of modern finance – slow to act, lacking judgment, and lacking mathematical ability.
When unsecured consumer credit shifts to the stablecoin track, its operating mechanism will change, and new participants will have the opportunity to share in the profits.
The market is huge.
In the United States, the primary form of unsecured lending is credit cards: this ubiquitous, highly liquid, and instantly available credit tool allows consumers to borrow without providing collateral when making purchases. Outstanding credit card debt continues to grow, currently reaching approximately $1.21 trillion.
Outdated technology
The last major transformation in the credit card loan sector occurred in the 1990s when Capital One launched a risk-based pricing model, a groundbreaking initiative that reshaped the consumer credit landscape. Since then, despite the emergence of new banks and fintech companies, credit cards
金色财经_·11-03 14:42