Silicon Valley Bank says bitcoin lending has matured since the 2022 crypto credit collapse.
The trigger is the SVB report, authored by the bank's director of crypto, Anthony Vassallo, and research analyst Josh Pherigo.
The report says several major US banks now offer bitcoin-backed credit facilities.
To understand why SVB thinks this is different, you have to understand exactly how the last generation died.
The demand side is simple human math.
Read the complete breakdown, fixes and what happens next.