Happy New year to everyone. I hope this new year brings all of you great success and joy. I hope all of you are doing well. As I had mentioned in my previous post, I was talking about my thoughts and feelings in the controversy market in 2025. About how it can turn out and what kind of catalysts are there which can manipulate the situation. Well actually based on venues I have read, there are quite a few catalysts out there.
Let us first address the stable coins. Stable coins are getting more and more popular for payment methods across the world. In the past, cryptocurrency had a stain in its name that he took. The currency was only used on the dark web. At the same time those transactions made the masses familiar with transactions using cryptocurrency. I'm sure you all have heard the news of USDT facilitating a 45 million dollar West Asian(also known as Middle East) oil deal. That deal alone is a huge evidence that cryptocurrency and stable coin is gaining trust in terms of real life transactions. And that's not just about sanctioned countries using them to bypass the sanctions, this is actual economic use of countries that are free to use the dollar and all the other currencies, they chose to use the crypto, so of course the trust it. Then we can talk about bank reserves. It has been speculated that in the coming one or two years, big Banks, at least one or two of them, will stock Bitcoin as a reserve, along with the nation states that I have explained in my previous post. These moves will make Bitcoin more available to the traditional market. And at the same time it is a threat to the decentralized deregulatory form of cryptocurrency. That might be a question against the tenets of cryptocurrency, but this will increase exposure and the overall market cap. While on the trading front, trading of cryptocurrency is picking up pace with decentralized exchanges gaining momentum. Centralized exchanges such as Binance are facing heavy competition from decentralized exchanges. And the adoption rate of decentralized exchanges is increasing by the day. These exchanges provide a better security and thorough trading experience, so it would be beneficial for some or many users to switch.
But above all this, Bitcoin and cryptocurrency as a whole faces stiff competition in fighting off centralization. As Donald Trump after being elected president, Said that he wants to mine the rest of the unmined Bitcoin in the US. And we should also remember that already around 30% of all Bitcoin minings do happen in the US. So if this number increases, Us-Based companies will control a huge amount of Bitcoin minings, and they will simply be influenced by the government to act on their behalf, but that's jeopardizing the entire decentralized and deregulated market of cryptocurrency. Exactly what Bitcoin stood for. One thing's for certain, 2025 and 2026 are going to be some big years for cryptocurrency.