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#1372 Pranav Kanade | Billions Coming To Bitcoin and Stablecoins
The Pomp Podcast
Stablecoins: The Key to Mass Adoption
CrossFi revolutionizes crypto spending by allowing users to link their web three wallets to a Visa card, enabling seamless transactions globally without intermediaries. While Bitcoin demonstrates significant product market fit with 300 to 400 million users, the broader crypto landscape remains experimental, marked by 30 million active wallets compared to 5 billion internet users. The asset class beyond Bitcoin is characterized as venture-oriented. Current perspectives suggest a growing probability of mainstream acceptance for crypto, with estimates rising from 5% in 2017 to nearly 50% today. The potential catalysts for this mass adoption are identified as stablecoins, particularly US dollar stablecoins, which are expected to drive user engagement from millions to hundreds of millions, making projects focused on stablecoin adoption highly valuable within the altcoin market.
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