Efi Pylarinou | Source | Independent Advisor at Efi Pylarinou Advisory
Efi Pylarinou
Independent Advisor at Efi Pylarinou Advisory
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The stablecoin market growth has mainly been fueled by an increased demand for convenient ways to get into and out of cryptocurrency positions but remain on-chain. Amongst crypto aficionados, stablecoins are the only way they use to on-ramp and off-ramp on crypto exchanges, as these investors typically do not want to exchange their position into fiat currencies.
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Facebook's Libra Serves as Signal that Fintech Firms like Visa, Paypal, Booking.com Were Eager to Explore Stablecoins, Blockchain Advisor ArguesFacebook's Libra serves as Signal that Fintechs like Visa, Paypal, Booking.com were eager to explore stablecoins, Blockchain Advisor argues.
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