While the crypto market goes up and down in an almost hypnotizing lull, there is one thing everyone is looking forward to - the holiday season.
As the end of the year approaches quickly, Christmas and New Year's are knocking on the door. Yet, the uncertainty of the global economic landscape might be putting a stain on the festive season for some this year.With raging inflation (8.8% globally in 2022, according to the International Monetary Fund), and rising prices across the board, the holiday season can become overwhelming.
However, ambitious projects like XGo are trying to bring more stability to the space by incorporating next-gen concepts and bringing web2 and web3 closer together.One of the significant changes web3 aims to deliver is to allow a decentralized financial structure to bloom and become accessible to anyone in the world.
Currently, traditional banking is widely unavailable in some regions of the world, leaving more than 1 billion people worldwide unbanked, according to the latest Global Findex Database research.Read more on cointelegraph.com