The loans supported by the crypto are again increasing, after the crash of the wider cryptography market in 2022, which caused payment defects and a mass liquidation. In mid-2025, Coinbase alone reached $ 500 million in chain loans; A growth of 10 times reached within three months of the second quarter, pointing newly emerging opportunities and enormous growth potential in the loan space. However, the South Korea Financial Services Commission interrupted all new cryptographic loans with immediate effect in August 2025 due to increasingly exceeded loans, causing a liquidation event of $ 1 billion; Highlight the associated continuous risks.
All types of credit products move in the chain that traditional lenders cannot afford to ignore. In addition to direct personal loans, Coinbase joined the largest American credit card lender JPMorgan to link expenses and awards between a credit card and a cryptographic portfolio.
GlobalData Global Retail Banking Analytics
Customers will be able to finance their cryptographic portfolio from their credit cards, exchange reward points to the USDC and link hunting accounts directly with Coinbase wallets. Globaldata Global analysis of retail banks JPMorgan watch holding 19.2% of the total American credit card debt during a value of $ 1.2 TN, opening up enormous potential for the popularity of Coinbase to become a favorite cryptographic portfolio.
In addition, the first mortgage defended by Crypto in Australia is now available on Block Earner’s waiting list following the company’s recent victory against the Australian Commission on securities and investments concerning license agreements. Bitcoin holders (BTC) will be able to access a home deposit up to an Australian dollar at $ 5 million ($ 3.2 million) against their BTC without having to liquidate it. The next GlobalData report targeting new buyers in financial services shows that this progress could redefine the first market for buyers in difficulty, because 38% of new and potential buyers have cryptocurrencies worldwide in 2025, compared to 23% of the average population. The US Federal Housing Financing Agency also recently ordered Fannie MAE and Freddie Mac to consider cryptographic assets of potential borrowers as guarantee on home mortgage loans.
In this context, the South Korean regulators interrupted the growing cryptography loan activities, until the greatest regulatory clarity is obtained. The algorithmic loans on major exchanges, such as Upbit and Bithumb, made it possible to run for the Loans of Logs up to four times the value of the warranty of cryptographic assets; resulting in 13% by default and forced liquidation while BTC moved below $ 120,000. Without the intention of a complete prohibition, the Commission works to clarify legal directives and to improve investor guarantees with the ultimate objective of integrating the market for disproportionate personal loans in South Korea worth a half-bill of dollars in a secure digital financing system. Beyond the growing demand for customers, national regulations remain the main determining force shaping the trajectory of emerging cryptography opportunities worldwide.
Blandina Szalay is analyst, banking & payments, globaldata
