A revolutionary shift in the US regulatory landscape is expected in 2025, transforming the way Bitcoin and other cryptocurrencies are accepted as digital gold and stablecoins facilitate payments. According to Paul Brody, Global Blockchain Leader for EY, this change will have a ripple effect globally, driven by the US being the world’s largest financial market.
Bitcoin is poised to cement its position as the digital equivalent of gold, with countries and governments potentially adopting strategic bitcoin reserves. The asset’s scarcity-based nature makes it more attractive than traditional gold, which cannot be replicated by increasing supply at higher prices.
Ethereum will follow suit, leveraging its transition to proof-of-stake and massive scalability to become a go-to platform for digital asset issuers. Stablecoin payments are expected to experience significant growth as users demand access to US dollars, particularly for international remittances.
2025 is also predicted to be a breakthrough year for decentralized finance (DeFi), with regulatory clarity improving and interest rates potentially driving interest in on-chain lending and other services. However, increased competition and competitive intensity within the blockchain ecosystem may lead to a rough market year, with some firms facing challenges in adapting to the changing landscape.
As regulations loosen, the risk of fraud also increases, prompting caution among those operating in the space. Despite this, advancements in security technology and audits will help mitigate these risks. Overall, 2025 promises to be a transformative year for the blockchain ecosystem, with accelerated adoption and increased competition driving growth.
Source: https://www.coindesk.com/opinion/2025/01/02/crypto-will-see-revolution-by-acceleration