Despite the negative downtrend, the trade analysts claim there are some encouraging developments involving stablecoins.
In a recent interview with crypto influencer Anthony Pompliano, Kevin O’Leary, a Shark Tank investor, has recently provided an important outlook on stablecoins. According to him, under the right circumstances, a massive influx of blue-chip capital might enter the market for crypto assets.
Kevin also added that there are billions of dollars waiting to be invested in non-fungible tokens. Still, the industry must first solve significant obstacles, like fraud, setting up appropriate compliance requirements, and determining whether non-fungible tokens are securities.
Crypto Markets to open for Big Investors
The business capitalist claims that if stablecoin rules are put in place, institutional capital worth billions of dollars could target digital assets, Bitcoin (BTC) and Ethereum, as well as ETH rival Solana (SOL) and scaling solution Polygon (MATIC).
He claims that if we get any coverage, it will unleash a tide of institutional capital that was poised to re-enter the Bitcoin market, even though it would need more compliance expenses, more disclosure, and greater openness.
Let’s imagine four or five stablecoins were accepted simply in the fee system. It would bring tremendous results because it would allow you to get your first listed allocation from sovereign funds managing $500 billion to $900 billion.
He elaborated his point by adding that many people besides him engage in similar activities. However, everyone has a similar ask- They ask for clear policy and specify SEC guidelines; based on that, they would allocate maybe one percent, or occasionally a three percent overall allocation. The same applies to Bitcoin, Ethereum, Solana, Polygon, and stablecoins.
Building Blocks of Compliance
He emphasizes that a regulated crypto sector will allow prominent bulls access to the market and give investors the freedom to trade without worry or concern for their safety.
Kevin adds that these rules might result in Bitcoin price tickets will flood the market with trillions of dollars.
He concluded that the market needs sovereign wealth funds to allocate to it if you want to see those funds come in.
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Source: https://coinpedia.org/opinion/institutional-investors-will-stack-these-altcoins-with-positive-crypto-regulations/