US is falling behind in stablecoin adoption due to regulatory uncertainties, benefiting stablecoin growth globally.

From CoinTelegraph
October 17, 2024 3:00 AM:

The surge in demand for US dollar-backed stablecoins is driven by regulatory uncertainties in the US, pushing stablecoin growth in other regions.

Read more at CoinTelegraph: US lagging behind in global stablecoin adoption — Chainalysis