Agora CEO and co-founder Nick van Eck provides a realistic view of the current cryptocurrency landscape.

While acknowledging valid reasons for optimism, van Eck cautions against overly short time horizons for widespread adoption.

He highlights a significant discrepancy: many US corporate CFOs and CEOs remain unaware of crypto developments, including stablecoins.

Van Eck suggests adoption requires a “much longer time horizon,” estimating 3-4 years compared to the commonly optimistic 1-2 years.

Speaking from experience engaging with TradFi entities, including major US hedge funds, van Eck notes a persistent lack of understanding regarding stablecoins’ specific role.

“We live in our own bubble in crypto… We think everything that’s going on [elsewhere]… everyone else in the world is aware, right?”

The path forward requires tackling an educational curve, particularly since the regulatory environment for crypto has markedly improved.

Looking ahead, van Eck expresses strong confidence that once understanding takes hold, the stablecoin sector will experience substantial growth within the next four to ten years.