After 2022’s market crash and the implosion of several notable blockchain companies, this has been a year of doubling down on projects of substance. Web3 has taken 2023 as its year of reflection and constitution. 

That said, I firmly believe that 2024 will see builders’ hard work and grit pay off — next year, the public will see the fruits of our bear market labor.

Stablecoin payments will take off

Due to their stability and ease of use, stablecoins are becoming increasingly popular for payments, remittances and investments in DeFi applications.  Stablecoins had a relentless year in 2022, settling as much as $11 trillion on-chain, almost 10 times PayPal’s and equal to…

Read more on Blockworks