Fintech Trends of 2024: Cryptocurrency Rebounds, Stablecoins Emerge, and AI Takes Over
The fintech sector experienced various trends in 2024, with some cooling off and others reigniting. One notable trend was the resurgence of the cryptocurrency market, with bitcoin reaching a new high of $100K due to institutional interest, macroeconomic factors, and the US election. Blockchain technology found a real use case in stablecoins, with their market cap reaching $1.3 billion and being used in ecommerce, remittances, and treasury. Fintech IPOs were scarce, but some companies are predicted to go public in 2025, with Stripe and Chime among the likely candidates. The fintech industry is constantly evolving, and we can expect further surprises and developments in the coming years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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