Dan Hillery: Digital Credit Could Rival BTC’s $1.5 Trillion Market Cap

Bitcoin Magazine Dan Hillery: Digital Credit Could Rival BTC’s $1.5 Trillion Market Cap Two years ago, Bitcoin-backed digital credit barely existed.

Today it’s a roughly $16 billion market and Dan Hillery of UXTO thinks the financialization layer on top of Bitcoin could one day rival the network itself.

In the debut episode of The Allocators Edge, Hillery breaks down how variable-rate preferred securities like STRC and SATA are priced, why buybacks keep them anchored near $100 par, and what separates digital credit risk from digital equity risk.

He also walks through the structured credit fund he’s building, including its senior and junior tranches.