RWA Private Credit Emerges as Crypto Yield Premium Collapses
The piece argues the convergence of post-2022 Treasury dominance over low-risk DeFi yields and a multi-year EU SME lending gap is what built the case for RWA private credit.
Every Zipp story tagged #SMELending, newest first.
The piece argues the convergence of post-2022 Treasury dominance over low-risk DeFi yields and a multi-year EU SME lending gap is what built the case for RWA private credit.
Basel III drove a 40–50% drop in bank SME lending, then another 12% since 2023, leaving a €39B annual shortfall now filled by floating-rate non-bank debt that punishes borrowers when rates rise.