We’ll have to see how the stable coin space develops throughout this year.

There’s an interesting report by Arcane Research about what they think the stable coin market will look like in 2022. They think that the USD coin will overtake Tether and become the biggest stable coin. They also expect a massive growth of algorithmic stable coins (like Luna). Only time will tell.

Here’s the report if you want to check it out: https://static1.squarespace.com/static/60377b34e7791c1277aaae97/t/61cb272480430d5cc3337156/1640703789129/Weekly+update+-+Arcane+Research+%28Week+51%29+2021+SUMMARY.pdf

Cheers!