Odaily Planet Daily News: According to data from RWA.xyz, a real-world asset loan tracking platform, blockchain-based lending is regaining momentum this year, with the value of active tokenized private credit currently reaching $582 million, up 128% from a year ago (although still far from the peak of $1.5 billion in June 2022). But this recovery may indicate that loan users are looking for blockchain-based alternatives to traditional financial institutions amid the recent rise in interest rates. According to a report from NerdWallet on December 1, the current average interest rate for blockchain-based credit agreements is 9.64%, while small business bank loan rates offered by financial institutions range from 5.75% to 11.91%. In addition, the size of the loans lent is not small. RWA.xyz tracked $4.5 billion in blockchain loans in 1,804 transactions, which means the average loan value is about $2.5 million. (Cointelegraph)