According to Cointelegraph and ChainCatcher News, Chainalysis said in its latest report on crypto adoption trends in North America that the pace of stablecoin adoption in the US will slow compared to global markets in 2024. There have been significant changes to stablecoins this year. The share of stablecoin transactions in the U.S. market has declined from approximately 50% in 2023 to less than 40% in 2024, and the share of stablecoin transactions on unregulated platforms in the U.S. market has declined by 2023. It has increased significantly since then. , more than 60%.
Chainalysis believes that this change does not necessarily indicate a sharp decline in U.S. stablecoin activity, but rather reflects the rapidly expanding role of stablecoins in emerging markets and non-U.S. jurisdictions. He emphasized that he was doing so. Chainalysis noted that U.S. policymakers are under increasing pressure to take action as more countries develop regulatory frameworks to facilitate the adoption of stablecoins.
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