Dan Hillery: Bitcoin digital credit could rival $1.5 trillion BTC market cap

Dan Hillery of UTXO stated in a Bitcoin Magazine interview that the Bitcoin-backed digital credit market, currently valued at approximately $16 billion, has the potential to match Bitcoin's $1.5 trillion market cap. As the fastest-growing segment of Bitcoin's capital structure, digital credit has evolved significantly over the past two years. Hillery discussed the pricing mechanisms for floating-rate preferred securities like STRC and SATA, the role of repurchases in anchoring prices near par value, and the distinction between digital credit and equity risks. He also outlined plans for structured credit funds and anticipated further product innovation in the sector over the next five years.