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The post US Risks Falling Behind in Stablecoin Adoption Amid Global Surge: Chainalysis Report appeared first on Coinpedia Fintech News
A Chainalysis report reveals that the United States is losing ground in stablecoin adoption due to regulatory uncertainty, even as demand for US dollar-backed stablecoins soars globally. In 2024, stablecoin transactions on US platforms fell below 40%, down from 50% last year, while non-US platforms surpassed 60%, driven by emerging markets like Argentina and Turkey. Tether’s CEO Paolo Ardoino noted that demand is strongest in regions with unstable currencies. With the US lagging on stablecoin regulations, other regions are attracting stablecoin projects, putting pressure on US policymakers to step up and protect its leadership in digital finance.
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