Crypto Needs to Shift Focus from Hype to Sustainable Growth to Gain Mainstream Acceptance, Says Stellar's CMO
The significance of this lies in the fact that despite the increasing involvement of institutions, cryptocurrency still faces a branding issue, as noted by Jason Karsh, Stellar's CMO. Stellar aims to be at the forefront of tokenization and cross-border payments as institutions become more involved in the crypto space. However, the messaging around stablecoins, which are becoming a key entry point into crypto, remains a challenge. Karsh advocates for a drastic change in crypto marketing strategies, moving away from short-term hype towards a more sustainable approach. The next phase of crypto adoption is likely to be driven by infrastructure development rather than speculation.