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MarsBit News
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Stablecoin Market: The Trillion Dollar Future Opportunity
Original Title: The Trillion Dollar Opportunity
Original Authors: Ryan Barney, Mason Nystrom, Partners at Pantera Capital
Compiled by: Luke, Mars Finance
Stablecoins represent a trillion-dollar opportunity.
This is not an exaggeration.
While cryptocurrencies are often seen as volatile, tokens, and liquidity, the other side of cryptocurrencies is the stablecoins that quietly carry the flag for cryptocurrency adoption. For newcomers, these crypto dollars are pegged 1:1 to the underlying fiat currency, using algorithms (less popular) or reserves (more popular) to maintain the peg.
Original Authors: Ryan Barney, Mason Nystrom, Partners at Pantera Capital
Compiled by: Luke, Mars Finance
Stablecoins represent a trillion-dollar opportunity.
This is not an exaggeration.
While cryptocurrencies are often seen as volatile, tokens, and liquidity, the other side of cryptocurrencies is the stablecoins that quietly carry the flag for cryptocurrency adoption. For newcomers, these crypto dollars are pegged 1:1 to the underlying fiat currency, using algorithms (less popular) or reserves (more popular) to maintain the peg.
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