๐ช๐บ Innovative financing solutions: Crypto to close the โฌ39 billion gap for small and medium-sized businesses in Europe!
A joint study by Cointelegraph Research and 8lends found a funding gap of โฌ39 billion per year facing SMEs across Europe. The study proposes using blockchain-based private credit (onchain private credit) as an innovative solution to close this gap and improve access to financing for these vital businesses.
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๐ Impact: ๐ High
๐ท๏ธ DEFI
#DeFi #OnchainCredit #SMEFinancing #Europe #Blockchain
๐ Source: https://www.globenewswire.com/news-release/2026/07/22/3331543/0/en/8lends-and-Cointelegraph-Research-release-report-on-addressing-Europe-s-39B-SME-funding-gap-with-onchain-private-credit.html