US CRIPTO Leadership: The focus is on stablecoin

A study Lambis Dionisopoulos and Andrew Urkuhart emphasizes history, growth and importance of stablecoin, as they are presented 10 years ago and shops and shops, especially in regions with monetary instability and / or limited access to the US dollar. The study defines detail the use of stablecoins by companies, financial institutions and individuals for international cross-border payments, liquidity management and currency fluctuation protection, more economical way compared to those of traditional financial systems. According to this study, the accelerated adoption of stablecoins around the world is matches The ecosystem of the digital asset as well as the financial system as a whole.

There are hundreds of different types of stablecoins in circulation, with most issued tenders (USDTT), followed by USDC circle (USDC). These stablecins get their value through different mechanisms. Four categories of stablecoin / tokens are supported by real-world resources such as fiat, goods, state records or digital means that are relieved of traditional / fiat currencies, goods, t-records or digital means or digital assets with different degrees of collateral requirements . Algoritamic stablecoins, on the other hand, are supported by programmed trading mechanisms without reliance on direct security. These models face challenges in maintaining long-term stability, as can be seen with collapse from Teraus in 2022 years, according to recent report Under the name “StaBlecoins 101: Behind the most popular property of the CRIPTO,” published 11. December 2024. year, chain chain.

William Quigley, cryptocurrency and investor Blockechain and co-founder Vak.io Blockechain and Stablecoin Tether, countries:

“Stablecoins will remain one of the fastest growing areas in digital property. Supporting them with real assets, but proved successful and expecting constant innovations in Stablecoins. StableCoins are there to stay and likely to drive The next phase of CRIPTO adoption. ”

The President Donald Trump seems to agree and his administration agreed with this feeling. Because the issuance of stablecoin (and altcoin) and the use rises around the world, with the market designed To reach $ 3 trillion in the next five years, catching the greater participation of the digital market market, outlast traditionally dominant property such as bitcoin (Btc) and Etherum (El), especially in the Middle East and North Africa with Turkiya leading world at the amount of stemlecone trade in the percentage of GDP significant margin according to Cinalići report.

With the United States lagging behind in the adoption of StableCoin compared to other countries around the world, toward To Chain Geography Criptocurrenci 2024, President Donald Trump Finance Ballpaper Liberty Finance mission In order to “Crypto and America great” allowing users to borrow, borrow and invest in digital assets without depending on traditional banking systems and strong positioning of American united stablecoin as a basis for global financial settlements. How Stablecoins “will expand the range of a dollar worldwide and make it even more spare currencies than now” said Rubber Federal Reserve Bank Christopher Valler, Chairman of Pododmitmitma Payments Fed Board.

As a Vivek Ramsar-CEO EteraLithesis.io, which connects institutions to the largest, safe and open clocchain ecosystem ecosystem ecosim around the world – explains:

“Stablecoins was the first instance of the actual product market and approached both strategic importance for the United States, because stablecoins enable digital to USD digitally exported to the rest of the world. Stablecoins are also in the top 20 largest carriers of American bubbles, increasing their structural significance. Pomerni dollars via stablecoin is much more efficient: faster, cheaper, automatic settlement from existing methods. The huge majority of stablecoins exist in Etherum economy – similar to the landscapes of tokenized funding.“

Due to the rapid adoption and growing roles in the global financial system, Stablecini appeared as the most dynamic class of funds in the year, according to a 2024 Report To A16Z, untie attention and becoming a priority for world regulators.

US Stablecoin legislation

The United States has introduced two Stablecoin Accounts at Federal Level – Transparency of Stablecoin and responsibility for a better book economy (Stable) in the house and leading and establishing national innovation for American StableCoins (Genius) in the Senate-Seeking to regulate stable publishers with licensing requirements, risk management rules and 1: 1 spare substrates. Should be noted This national regulation varies from us, and most countries lacking regulatory frameworks separated from the federal level.

In a announcement On the draft of a stable act, representatives of Hill and Steil pointed out their readiness to work with their colleagues with their senate to pass legislation on payments, because the draft discussion in the house generally aligns with Genius law.

Genius ACT is presented in the Senate:

• It prohibits the issuance of Stablecon’s payment in the United States by any person who is not “allowed by the publisher of Stephoin”.
• Defines “StableCoin Payment” as a digital means that maintains a fixed value through support for fiat or other secure reserves.
• Imronized perfect standards on Publisher StableCoin, including requirements for fully supported reserves, segregation of reserves, monthly certificates and capital requirements and liquidity, as well as the ban on rehipots.
• It allows state-regulated staters of stablecoins to issue stablecoins, but only if the regulatory regulatory relating significantly similarly with the federal mode.
• It provides a federal organ for conducting banking agencies by allowable salaries Stablecoin issuers who are an analogue law on insurance deposit analogue representatives of secured deposits, their holders and institutional-associated parties.
• Improving the standards of user protection on persons who provide custody services for permitted payment stableCoinsOins, including monitoring and regulation, prevalence standards and monthly audit reports on audit reports.
• He prohibits federal banking agencies, NCUA and SEC to be required to be assets held in custody to be treated as an obligation. The bill also changes federal laws on securities to clearly set the payment stablecii not securities.

Currently stableCOINS are regulated in the following countries / regions:

The table is from Stablecoin, Chapter 7, Sustainable investment in digital property on global assets, Selva Ozelli Esk, CPA

In countries with a regulatory framework, favorable governmental initiatives and policies in Stephen’s collateralized broader spectrum of financial instruments. Although this expansion of promise, issuers must carefully consider liquidity restrictions that fail, they are already Faced challenges, “Rhett Shipp, General Manager of Avantar, Ondain Dollar.

For example, recently, in the EU, Kraken announced that the USDt eternity tenders will be performed and four other stableCoyne to adhere to Markets in Crypto-means regulations. In Brazil, the new President of the Central Bank Brazil, Roberto Campos Net, has connected Fast stable growth with tax utility and money laundering. In the United States, JPMorgan Analysts assess that only 66% -83% of the reserves of Tether is currently in line with the proposed American regulations stableCoin, as a block export. There were two men in China imprisoned For use of Tether’s USDs to bypass foreign currency controls. They received a five-year sentence after RMB was processed 30 million ($ 4.1 million) in transactions.

Elliptical predict That 2025 will witness the expansion of regulatory initiatives around the world to support the responsible development of stablecoin and tokenization.