Chain Exploration”When Technology Meets Foreign Exchange Barriers: Why Is It Difficult for Stablecoins to Break Through the “Traditional Dilemma” in Growth?”
Crucially, regulation is clearing the way. The U.S.’s recent GENIUS Act set clear rules for the world’s largest stablecoin market, giving banks and payment firms confidence to enter. This has spurred global regulators to draft similar frameworks for stablecoin issuers.