Charles Hoskinson, founder of Cardano (ADA), has shared his positive outlook on the future of cryptocurrency adoption, predicting a surge in mainstream integration
Charles Hoskinson, the founder of Cardano (ADA), has shared his optimistic view on the cryptocurrency adoption. He predicts a surge in mainstream integration once key regulatory bills pass.
During an interview with Scott Melker, Hoskinson discussed the stablecoin bill and a market structure bill that are currently being debated in the House and Senate. He anticipates these bills to be passed within the next 30 to 90 days.
According to Hoskinson, once these bills become law, tech giants like Apple, Microsoft, Google, and Facebook will integrate crypto wallets into their platforms. This move could potentially expose stablecoins to over 3 billion users worldwide, as these companies already have vast user bases embedded in their ecosystems.
"Once the stablecoin and market structure bills pass, that opens the floodgates: Apple, Facebook, Google, and Microsoft will put crypto wallets in their platforms. When you add their users up, it’s 3 billion people," Hoskinson stated.
He further explained that with legal clarity, these companies would find it financially advantageous to offer stablecoin payments, reducing processing fees associated with traditional credit cards. This shift would position tech giants as financial service providers, leveraging their resources to drive crypto adoption.
"The real value flow will come from the fact that users are already connected to these platforms. With the regulatory framework in place, it would be easy for companies to build on top of existing systems, creating a seamless crypto experience for billions of people," he added.
Hoskinson believes that this shift will spark a significant boom in the integration of crypto, with stablecoins and blockchain technologies becoming mainstream across various industries.
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