maartunn
Bitcoin Is the Backbone of Nexo Credit ๐
Recent collateral composition data shows that Bitcoin remains the dominant strategy for borrowers. This shows that Bitcoin is not only for remittances, or trading, but also for lending and borrowing. Nexo clients treat Bitcoin as pristine collateral. The data included is a chart of Collateral Composition (%) for each quarter. Itโs specifically data for Nexo. It shows that borrowers arenโt rotating into BTC for short-term speculation. Theyโre using Bitcoin as long-term collateral to access liquidity without selling. Key takeaways: - BTC consistently holds ~54โ60% share of total collateral - Even as the market corrected, Bitcoin dominance increased to 56.2% in Q1 2026. - Credit demand aligns with conviction, not trading activity Itโs a key evidence that Bitcoin is more than a crypto to trade. Itโs the asset people trust to back their credit.