Bitcoin BTC is set to record a new all-time high of $80,000 in 2024. Within the next year, stablecoins are expected to move more money than payments giant Visa, a senior research analyst at Bitwise has predicted.

In a post released on December 13 on X (formerly Twitter), Bitwise analyst Ryan Rasmussen outlined 10 optimistic predictions for the cryptocurrency sector in 2024. One of the main claims holds that there will be explosive growth in the stablecoin sector.

According to Bitwise, stablecoins will be used to settle more transactions in volume than payments made possible through Visa, describing the dollar and other tokens tied to real-world assets (RWA) as one of the most important "killer apps" in the world. cryptocurrency industry.