📈 Growth of stablecoin popularity in the USA and Japan, slowdown in the EU
The global race for stablecoins is gaining momentum: the USA and Japan are actively adopting, while the EU is limiting listings.
➡️ The USA is promoting new laws
🟡 The stablecoin bill, the STABLE Act, has passed committee and is heading for a vote in the House of Representatives.
🟡 The USD1 stablecoin, backed by Trump, is generating criticism.
🟡 Coinbase's plan to offer interest on stablecoins is facing resistance.
➡️ FDUSD loses parity after defamation allegations against Justin Sun
🟡 First Digital denied information about insolvency.
🟡 The stablecoin temporarily lost parity with the dollar but has recovered.
➡️ EU: mass delisting of stablecoins
🟡 Kraken removes PYUSD, USDT, TUSD, and others.
🟡 Crypto.com gives users until the first quarter of 2025 to convert.
➡️ Japan: green light for stablecoin expansion
🟡 SBI will start listing USDC.
🟡 SMBC, Ava Labs, Fireblocks signed a memorandum of understanding to issue yen and dollar-backed coins.
🟡 Japan's Financial Services Agency (FSA) offers strong support.
Stablecoins are rapidly developing — and regulation will determine who will lead the next phase.
