Stable and lucrative: Beckers reveals the future of stablecoins!

Stable and lucrative: Beckers reveals the future of stablecoins!

In the latest episode of the Beckers Bets podcast, Jan Beckers gave interesting insights into the world of cryptocurrencies. Together with Ha Duong from BIT Capital, he discussed topics that are currently of enormous importance for the financial industry, particularly highlighting the role of stablecoins. Stablecoins, which act as stable means of transactions, are becoming increasingly important, especially in regions such as the Global South, reports Finance Forward.

Bitcoin hit a new all-time high in May, boosted by geopolitical and regulatory changes. The Biden administration in particular has changed the political climate by taking actions that were once considered risky but are now energizing markets. Beckers emphasizes that the increasing interest of institutional investors, together with a safety net of restrictive regulations, is giving the market more momentum.

The rise of stablecoins

Beckers highlights the enormous potential of stablecoins. These cryptocurrencies, whose value is tied to existing currencies, are experiencing loud CoinMarketCap a continuous increase in their global transaction volume, which is now on par with Visa. Particularly noteworthy: Tether, a most prominent stablecoin, holds more US government bonds than many countries. This development underlines the growing importance of stablecoins in the financial sector.

In the podcast, Beckers also mentioned that Bitcoin is viewed as a long-term investment. Investors willing to stick around for several years could expect to see high returns. Companies like Microstrategy are building up large Bitcoin reserves, which could potentially create long-term buying pressure.

Innovations in crypto mining and AI

Another important aspect of the discussion was investment in the mining sector. Ha Duong reported from the crypto conference in the US, where Bitcoin miner Iris Energy presented plans to build a new liquid-cool data center for AI applications. Beckers highlights that many miners are cheaply valued and their infrastructure may be worth more than the current stock market valuation.

With a view to further developments in the area of ​​cryptocurrencies, Jan Beckers presented the new fund “BIT Global Multi Asset”. Combining stocks, bonds, gold and Bitcoin, this fund aims to give investors access to technology and crypto markets with less volatility.

Finally, it should be noted that the market is becoming increasingly selective. It's no longer just about hype, but about real sales and sustainable business models. These trends and the associated opportunities shed new light on developments in the crypto industry and demonstrate the potential that stablecoins offer in the global financial system.