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Crypto goes through a plethora of alternations and transformations every year, and 2022 is certainly no exception. There have been a number of crypto trends throughout 2022 that are worth taking note of, and in reality, studying the past is one of the best ways to predict the future.
In this article, we will be giving you an overview of crypto trends in 2022, as well as discussing a few key events that have happened thus far that will be well worth knowing.
Making Its Way Into More & More Industries
To the joy of crypto fanatics all over the world, it seems as though crypto is finally starting to move its way into general society. There are now a ton of crypto impacted industries out there, some of which are close to solely operating on just crypto alone.
This is terrific news when it comes to overall implementation; but before you go ahead and buy another hundred orders of bitcoin, there is a caveat. The vast majority of businesses that use crypto do so in a B2B context, meaning that they only use it to pay for the upkeep/functioning of their business.
In turn, this means that we are still yet to see crypto being accepted as a form of payment in most sectors barring a few, and this is likely going to remain the case for a long time.
Although, there are a few industries that use crypto in all parameters of their business, and whilst they may be few and far between, they serve as prime examples of what we can expect to see once other sectors follow suit.
For example, it is not uncommon to see an article deriving around giving a comprehensive casino games guide followed by an advertisement to play at an establishment with crypto, and the gambling industry is well known for its widespread crypto implementation all across the board.
Crypto is making slow but steady progress, and it will not be long before we see it become a mainstay at companies all over the world.
The Rise Of The Stablecoin
2022 has seen the rise of the stable coin, and it seems as this innovative twist on the usual form of coin actually has some level of sticking power. To give you a concise stablecoin definition, a stablecoin is a type of cryptocurrency that ties itself to an external asset in order to promote stability and reduce volatility.
As you would expect, something akin to this is in high demand because of the volatile nature of usual coins, and it seems as though stable coins are going to become much more prominent as the year progresses.
We hope the information we have given you in this article will be of use. In truth, crypto is just beginning to find its footing within general society, and it is likely going to be a couple of years until we see the fated “takeover”.
However, when you factor in just how advantageous crypto is, it makes complete sense as to why we see it become bigger and bigger every year, and it would certainly come as no surprise to see it overtake classic currencies like USD and GBP in the future.
