Two US-Audited Stablecoins Debut, Experts See Massive Impact on Crypto Market

Perhaps some light from a new dawn for crypto this week. Could this halo of excitement result in an actual positive week for the prices of some more well-known coins? If so, it would be a positive change from the current 9-month downward slide for Bitcoin, Ethereum, and others.

Experts believe that the emergence of fully audited, legitimate and licensed stablecoins will have a profound impact on the crypto market, especially in the long-term, as it provides investors a way to retain value without being exposed to the volatility of the market.