Cryptocurrency Market Could Grow Up to 20 Times in the Next Decade, Says Bitwise Executive

On the 8th, Matt Hogan, Chief Investment Officer at cryptocurrency management firm Bitwise, released a regular memo indicating that the cryptocurrency market could easily grow between 10 to 20 times in the next decade.

He expressed this view as his own, forecasting that the demand for stablecoins, tokenization, and Bitcoin (BTC) will increase, followed by other significant use cases.

What are Stablecoins?

Stablecoins are cryptocurrencies designed to maintain a stable price. They are backed by either fiat currencies or other cryptocurrencies, or their price is stabilized through various algorithms...