Earlier this week, the market capitalization of the stable exceeded 217.3 billion dollarsAccording to Defilma data. Chain analysis company Alphractal Also declared a 73% increase in the stable market capitalization, going from $ 121.18 billion in August 2023 to a summit of $ 211 billion. Furthermore, CCD data shows that the supply of stablescoins on the Solana network jumped 112%, reaching a new summit of $ 11.1 billion, exceeding the previous record set in 2022.
THE Q4 Bitwise report Underlines an interesting trend: the countries of Southeast Asia, including Japan and China, now hold the largest quantities of American treasury bills.
According to Maksym Sakharov, co-founder and member of the WEFI board of directors, FIrst Deobank, a decentralized bank on the channelThe institutional adoption of the crypto is increasing, with Wall Street giants such as Bank of America, Blackrock, Bny Mellon, CBOE, Charles Schwab and Citi investing more and more in the sector.
In an exclusive interview with Financial foodSakharov discusses the main developments in the industry, including the growing gap in the adoption of cryptography between emerging and developed economies, El Salvador’s Bitcoin strategy under Nayib Bukele and the evolutionary role of deobank. He also predicts that the request for FNB Bitcoin will increase considerably this year, because major governments – in particular the United States – envisages Bitcoin within the framework of their strategic reserve. For the future, Sakharov plans that Bitcoin could increase to $ 200,000 in 2025.
Why do emerging markets open the way to the adoption of cryptography compared to developed countries such as Japan, Canada and the United Kingdom? What do you think of the adoption of bitcoin in countries like Argentina and Venezuela?
The adoption of the crypto in emerging markets has increased in recent years, while severe economic conditions and the devaluation of fiduciary currencies are pushing investors to digital currencies. Unlike developed countries, monetary policies on emerging markets are unstable, triggering lower purchase powers via inflation. Based on their prospects as high-efficiency products, cryptocurrencies like BTC have replaced traditional investment options such as obligations. This Crypto-Tradfi replacement is the most common in Venezuela and Argentina, both with a combined value of 181 billion dollars in crypto. The duo has one thing in common: instability in economic conditions. With hyperinflation ravaging the two countries, the need for bitcoin as a cover against inflation and stablecoins as a means of payment has become essential for citizens. The adoption trend in these countries is a natural inclination driven by macroeconomic conditions.
How did the recent increase in the price of Bitcoin had an impact on the position of President Nayib Bukele on the adoption of El Salvador’s cryptocurrency?
The increase in the price of bitcoin at its $ 109,114 summit helped to validate the first BTC pivot by Nayib Bukele. There are risks associated with all investments, and those related to Bitcoin are considerably high. The Funds of Paris on the State include more than risks, it is also delivered with a huge probability of violating the public’s confidence in its leadership if things go wrong. In a positive turn, the country’s Bitcoin portfolio increased by 127% to 633.5 million dollars. With a profit base of more than $ 127 million, Nayib Bukele is about to double the country’s pro-Crypto agenda.
Why did the developed economies follow El Salvador in the adoption of Bitcoin as legal assistance?
El Salvador is an aberrant value according to his bitcoin adoption measures. It should be noted that countries around the world can share similar economic ideologies, but implementations are often different. Although other countries do not adopt or legalize Bitcoin, most soften their position concerning the BTC ecosystem. The United States is considering storage of digital assets with Bitcoin as a major component. Germany, the Czech Republic and Switzerland discuss a strategic bitcoin reserve for the medal. These examples show that the term “adoption of bitcoin” is relative, and the current trend shows that more nations support bitcoin as a reserve of long -term value.
What is the concept of decentralized banks (deobanks), and how do they differ from traditional banking institutions?
The decentralized chain bank is a model of financial services built around Blockchain technology. Disobanques help reduce obstacles to the entry of participants and eliminate the need for intermediaries. They have unique characteristics, including decentralization, transparency and safety, accessibility, low cost and efficiency. Some products include loan and borrowing services, stake and stable payment services. A major difference between déobanques and traditional banking companies is the model of processing requests. While the deobans are based on intelligent contracts, traditional banking colonies are based on central banks and other intermediaries.
How do deobanks help individuals in high-risk regions that are excluded from the global economy due to traditional banking restrictions?
Users of high -risk regions often meet important challenges when they try to engage with the world economy, mainly due to censorship and limits within traditional banking systems. Deobank aims to support people excluded from conventional financial institutions, whether due not to meet the criteria of banks or a lack of confidence in banks to manage their finances.
A key advantage of deobanks is their dependence on blockchain technology, which allows them to bypass outdated and slow inherited banking systems. This helps to eliminate intermediaries, reduce operational costs and improve transaction speed and transparency. Consequently, users experience improved security, cost reduction and increased confidence, as they no longer depend on centralized entities for transactions management. In addition, the decentralized nature of Déobanques offers greater flexibility to adapt to the evolution of global and local regulatory environments.
Wefi, as part of its strategy, also ensures regulatory compliance if necessary, while using advanced technologies to rationalize your customer’s processes (KYC) using AI. Initially, Wefi will work under a hybrid solution, applying KYC processes only if necessary, guaranteeing compliance without unnecessary loads on users.
In what ways do Déobanques derive titles for the benefit of stablescoins to allow financial inclusion and promote economic participation?
Stablecoins are like the vital element or the indigenous currency of the Deobank ecosystem. With Stablecoins, users obtain an equivalent of fiduciary currency in digital form while providing complete accessibility to the user. Users can send money with stablescoins, purchases and even make cross -border regulations without fear of transactions. Thanks to Stablecoin transactions, Deobanks also help reduce the cost of transactions, protect the history of user transactions and offer fair playing field to stimulate economic balance via improved user participation.
How could the introduction of FNB Bitcoin Spot and related financial products arouse institutional interest and adoption in 2025?
Institutional investors are very curious and generally explore industries with high growth potential. These corporate investors sat on the sidelines for more than a decade as Bitcoin has reached astronomical number. As a speculative and largely unregulated product, the interaction with the asset marked a gray area on which investors were prudent. This caution was eliminated when the dry approved the products ETF Bitcoin Spot. Although they are always volatile and speculative, the funds are negotiated on regulated platforms, removing the fear of handling and counterpart risks. Investors who had previously remained out of the market while the prices of the BTC have skyrocketed could adopt a different approach this year, as President Donald Trump’s pro-Crypto position should create a more favorable environment for risk assets.
What are the main forecasts for the cryptocurrency market in 2025, in particular with Bitcoin price forecasts ranging from $ 160,000 to $ 180,000?
The price of Bitcoin jumped more than 140% in annual shift (Yoy), in the midst of positive industry trends. If Bitcoin manages to recreate this growth trend, it should go up to Monotos adoption. Given these factors, Bitcoin has the potential to reach new heights of all time, and I would not be surprised to see if Bitcoin goes beyond the $ 200,000 bar by the end of the year. Earlier this year, the dry approval of Bitcoin Bitcoin (ETF) Bitcoin funds allowed large financial companies with large financial companies like Blackrock and Fidelity to attract billions of investments. This has intensified Bitcoin demand, aggravating the effects of its limited supply.
