2019 Will Be a Big Year for Stablecoins

© Reuters.  © Reuters.

Philippe Bekhazi is the CEO of XBTO Group, a cryptocurrency trading firm.

The current wave of stablecoin issuances is a result of the current bear market in underlying crypto assets, leading to upwards of 50 stablecoins on offer today.

Given an increasing media focus and heightened industry attention, it’s important to take both a step back and share our views on how things are likely to evolve over the next few years – arguably with the greatest velocity of change and boundless opportunities than any time since 2014.

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