The cryptocurrency market size in 2022 surpassed $1 Trillion point showing an incredible CAGR through the last 10 years. ($Billion representing chart)
Over 320 Million people own cryptocurrencies in 2022. NFT segment of the industry is valued at over $4 Billion in 2022 with over 500 000 owners.
Web3 company Civilization is poised to take advantage of the growing decentralized finance market with its innovative new non-pegged reserve currency, $CVL. As the market for DeFi continues to expand at a rapid pace, with estimates suggesting it will grow at a CAGR of 42.5% from 2022 to 2030, $CVL is well positioned to capitalize on this trend.
One of the key benefits of $CVL is that it is a decentralized stablecoin asset, which means it is not subject to the same regulations and control as traditional stablecoins. This makes it an attractive option for users looking to participate in DeFi transactions, as it offers a level of security and censorship resistance that traditional stablecoins cannot match.
In addition to its decentralization, $CVL is also supported by a diverse basket of assets, which helps to ensure its stability and value over time. This is particularly important in the volatile world of cryptocurrency, where sudden price fluctuations can wreak havoc on the value of individual assets.
Overall, Civilization's $CVL is an exciting new addition to the DeFi market, offering users a secure and decentralized alternative to traditional stablecoin assets. Whether you're looking to participate in DeFi transactions, insure your assets, or simply hedge your portfolio against volatility, $CVL could be the perfect choice for you.