Europe

Stablecoin Stalls in the US Amid Regulatory Uncertainty

October 18, 2024
Stablecoin growth in U.S. markets has stalled as regulatory delays push activity toward non-U.S. exchanges, reflecting challenges that threaten the country’s leadership in the digital asset space. Until 2023, U.S.-regulated exchanges saw steady growth in stablecoin transactions, driven by rising global adoption of digital currencies. However, in 2024, this trend reversed, with more stablecoin activity