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 #PaoloArdoino 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.
