Tribal Credit, a partner and lender within the Tribal Finance platform, has processed over $900 million in transactions, showcasing significant activity in private credit.
Since January 2023, the decentralized finance (DeFi) private credit sector has experienced an 8x increase, with no signs of slowing down. This growth is notable compared to traditional finance's total private credit market cap, which currently stands at $1.6 trillion.
Takeaway: With an increasing number of Fintech borrowers and credit investors turning their attention to the DeFi, we anticipate a sustained growth trajectory in private credit within DeFi.
