Certain trending topics in cryptocurrency are now dominating the headlines in the crypto scene. In recent times, institutional adoption of dollar investments in bitcoin has kicked off in millions. The narrative of cryptocurrency switched from speculative assets to store of value and hedge against fiat inflation during the pandemic. This mass adoption got more tangible with companies such as PayPal enabling crypto purchases for its 150 million users. Below are the top 3 hot trending topics in the cryptocurrency scene:
Stablecoins
Stablecoins have proved to be especially useful to deal with the high volatility of traditional cryptocurrencies. Many national banks are currently experimenting with stablecoins of their national currency so-called CBDC (Central Bank Digital Currencies) The EU is also currently considering implementing a digital Euro and there is a likely chance that it would be stablecoins. In the meantime, you can learn how to make payments with Stablecoins using Crypto cards.
Coinbase IPO
Coinbase is one of the world’s most prominent crypto exchanges. At the end of 2020, its plans for placing an IPO in 2021 were announced and it is generally believed to be an outstanding move. This would also develop the crypto space and the transition to the traditional finance space, which will eventually increase mass adoption. This would also serve as an interesting investment opportunity for people who do not want to invest directly into cryptocurrencies but want to profit from the crypto trend
DeFi
There is hardly a time that DeFi is not a trend in the world of cryptocurrency. The new trend of DeFi is rapidly maturing and many projects have moved from the proof-of-concept stage to commercial. Also, the newly launched DeFi application is said to be more user-friendly than the first ones which mainly focused on the tech side while neglecting the UI/UX aspect.
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