‘Metaverse’ Statement from USA’s Second Largest Bank

It has been in our lives for years and is becoming more and more popular. cryptocurrenciesfrequently introduces new terms into our lives. E.g; While talking about NFT projects a while ago, now he said “metaverseWe often come across the phrase ” Mark Zuckerbergmade by with explanations The technology, which has become very popular, continues to affect crypto money investors.

one of the largest banks in the USA Bank of America Haim Israel, a strategist who continues to work in the company, made some evaluations about the Metaverse sector, which has started to attract people’s attention. According to the statements made by Israel, Metaverse is for Blockchain technology. will open the door to great innovations. In addition, cryptocurrencies themselves with Metaverse will find a new use.

“The importance of stable coins will increase”

“BI definitely believe that this is a big, huge opportunity. You just need the right platforms… These platforms will create a huge opportunity for the whole ecosystem.“, Haim Israel said that with the spread of Metaverse, cryptocurrencies what changes will happen also mentioned. In this context, according to Israel, who stated that he does not think that the volatility in giant cryptocurrencies such as Bitcoin and Ethereum is very suitable for Metaverse, in the coming periods, stable coins will increase in importance.

Haim Israel is not the only name making statements about the Metaverse. All cryptocurrency analysts have been focusing on this technology for a while. E.g; digital asset valuation platform grayscale analysts say that the Metaverse ecosystem has a very clear path. Even the money in the ecosystem, will exceed $1 trillion. This market cap is close to Bitcoin’s total market cap today.

This content is not investment advice.