Industry Insights

Over the last decade, while crypto has gained recognition and adoption as a new asset class, it has failed to infiltrate business in the way that many of us hoped that it would. This is changing, and we are seeing one platform being used again and again by businesses looking to enter web3: Avalanche.

One of the strongest crypto narratives this year is the growth, success and usage of stablecoins. This narrative is exemplified by the hugely successful IPO of Circle, the issuer of the second largest stablecoin USDC. Stablecoins now make up 7.5% of the digital asset market with a market cap of over USD250bn.

There is a new financial mechanism in town that has been pioneered by MicroStrategy and is now proliferating far beyond it; perpetual accumulation or “forever buying”.

Ethereum, once the undisputed king of smart contract platforms, stands at a strategic crossroads that will either cement its dominance or see it lose ground to fast-moving layer-1 blockchain competitors.

Imagine a world where your car earns crypto while you sleep, your phone combats noise pollution from your pocket and your fridge trades energy with the grid; welcome to the electrifying ecosystem of the peaq blockchain.