Stablecoin

Cryptocurrency

Boost

2024

Recent projections by Lunu CEO, Pavlo Denysiuk suggest that the number of crypto holders worldwide could triple within the next two years, potentially pushing global adoption past the one billion user mark by 2026.
Speaking at NFT Fest 2024, Denysiuk said, “Within two years, there will be at least two or three times more cryptocurrency holders worldwide. This will lead to wider adoption for payments too.”
According to the 2024 <a href="https://www.triple-a.io/cryptocurrency-ownership-data" target="_blank" rel="noopener noreferrer nofollow">Crypto Ownership report</a> by Triple-A, around 560 million people currently own cryptocurrencies, which is about 6.8% of the world’s population.
Denysiuk believes that for cryptocurrencies to be widely accepted for payments, the right infrastructure must be in place.
“It’s not something that you need to convince someone of. Whenever the infrastructure is there, whenever you come to your Starbucks shop or somewhere else and there is a sticker saying ‘we accept crypto’ – it’s just another payment method.” He explained,
Moreover, stablecoins are expected to play a major role in facilitating this transition. The stablecoin market is currently valued at over $163 billion, making up 7.6% of the total cryptocurrency market.
<figure class="wp-block-image"><img decoding="async" src="https://lh7-us.googleusercontent.com/docsz/AD_4nXeFIbZBvmrF4ZKBIFSRMP6IKIOGepmfWyNB3SSuLfJY29n9qqMznu9uq7CkqmnHB0BLWvIWoQorB0Fij55bUc4newUcvvkWQfFWomsmD6zAxWN0jkLGkB_FhH3SbbOjgoa98nHyaCHScNigy_4O-z7_TvU?key=MSoh0CiD2G3s_JRukSjLNA" alt="AD 4nXeFIbZBvmrF4ZKBIFSRMP6IKIOGepmfWyNB3SSuLfJY29n9qqMznu9uq7CkqmnHB0BLWvIWoQorB0Fij55bUc4newUcvvkWQfFWomsmD6zAxWN0jkLGkB FhH3SbbOjgoa98nHyaCHScNigy 4O z7 TvU?key=MSoh0CiD2G3s JRukSjLNA">
 <figcaption class="wp-element-caption">
 Stablecoin Total Market Cap| Image Source: <a href="https://coinmarketcap.com/view/stablecoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
 </figcaption>
</figure>
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 Also Read: <a href="https://www.cryptotimes.io/2024/07/13/bitcoin-to-boost-us-dollar-strength-senator-lummis/" rel="noopener noreferrer nofollow">Bitcoin Can Boost US Dollar Strength: Senator Lummis</a>
</blockquote>

Cryptocurrency Adoption Could Triple by 2026, Says Lunu Founder

The Crypto Times

Other articles published on Jul 13, 2024

Will Whale Activity In Chainlink Boost LINK Price?

COLLE AI (COLLE) Implements Advanced Analytics for Tracking NFT Performance and Trends

Where on Earth Can You Trade Spot Bitcoin ETFs Legally?

German Government Sells Bitcoin Holdings

Next Cryptocurrency to Explode Saturday, July 13 — Internet Computer, Ronin, Axelar, Arweave

Institutional Giants Battle for MakerDAO’s Tokenized Treasury Prize

Join our free newsletter for daily crypto updates!