Ethereum co-founder: the cryptocurrency market is becoming more mature

Growing interest in non-custodial wallets, inflation-resistant stablecoins, and site accounts using Ethereum solutions will be “huge” opportunities in the future. This opinion was expressed by Ethereum co-founder Vitalik Buterin.

He proposed to transform the infrastructure of non-custodial wallets so that “billions” of users far from the crypto industry could start using them. Also, a breakthrough awaits those who develop a stablecoin that is accessible to everyone and able to resist any difficulties — both on the internet and in the context of macroeconomics, up to the hyperinflation of the US dollar.

According to Buterin, another catalyst for the popularization of the cryptosphere could be the reduction of the influence of centralized monopolies in the field of application development.

“If you can get signed in with Ethereum to work and if you can unseat Facebook and Google and Twitter as the login overlords of the internet, that itself is a huge opportunity, right?” he asked.

The co-founder of Ethereum believes that the crypto market is becoming more mature, and competition is gradually increasing in this area. That is why his proposals are relevant in the context of the development of the entire industry.

Accenture Global analysts concluded that citizens of different countries are seriously interested in digital assets, while preferring cards or cash. There were 16,000 participants in the survey.

Every fifth respondent turned out to be the owner of a cryptocurrency. About 28% of digital asset holders noted that they consider crypto coins as a long-term investment, which in the future can help gain a foothold in the crypto sphere.

Another 22% of crypto investors reported that they turned to digital assets out of curiosity about this market. The rest are looking for an alternative to the current financial system and use cryptocurrencies for international payments.

Accenture experts are confident that digital currencies issued by regulators can be an effective alternative to existing payment instruments.