CoinTelegraph 2025-05-15 20:05:24

Stablecoin regulation 'next catalyst' for crypto industry — Aptos head

Stablecoin regulation is “the next catalyst” for the crypto industry and could lead to unprecedented “appetite from institutional investors,” according to Ash Pampati, head of ecosystem at the Aptos Foundation. In an interview with Cointelegraph at Consensus 2025 in Toronto, Pampati said that “the whole world outside of the United States has already jumped onto this [stablecoins],” adding that “the US is [...] at the doorstep.” “I really think about new use cases that can emerge because of the borderless nature of stablecoins, because of the efficiency of the dollar onchain,” he said. “If you're trying to send money to your friend in Nigeria, why do you have to go through a bunch of hoops?” Stablecoins are often used to transfer money across borders , as they are easier and cheaper to transfer than traditional finance methods such as wire transfers. They are also used to hedge against fiat currency, which, in emerging markets, can devalue significantly in a short period of time. Related: Pareto launches synthetic dollar backed by private credit According to a new survey from Fireblocks, Latin America leads all regions in real-world use of stablecoins, with 71% of respondents saying they use the technology for cross-border payments. Half of respondents in the region, which encompasses a number of developing countries, say they expect stablecoins to offer lower transaction costs than traditional finance rails. “I think you will see an amazing appetite from institutional investors […] we can really think, rethink the fintech space across B2B, B2C with fully onchain rails," Pampati said. 86% of firms ready for stablecoins According to Fireblocks’ survey, 86% of respondents say that their company shows “infrastructure readiness.” In other words, their companies are ready to adopt stablecoin. In addition, 75% of respondents say they see clear customer demand for stablecoins. Confidence indicators for stablecoin adoption. Source: Fireblocks However, regulation still holds a large role in determining adoption. The survey shows that confidence in stablecoins is rising, not only because of the technology but also because regulatory barriers have fallen. Agencies around the world have sought to regulate stablecoins. The progress has included the European Union’s MiCA regulation , various acts in the United Arab Emirates, and even the United States’ GENIUS Act , which reports indicate has regained some bipartisan support after a failed May 8 vote . Magazine: Legal Panel: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

Наиболее читаемые новости

Tatsumeeko’s Development Halt: Community Conc...
2025-05-19
Unichain Nears $12B in Trading Volume as User...
2025-05-19
Bullish Comment from Famous CEO: Ethereum (ET...
2025-05-19
FINRA Panel Sounds Alarm on AI-Powered Crypto...
2025-05-19
PEPE price prediction 2025-2031: Will Pepe co...
2025-05-19
Ripple (XRP) Price Prediction: Buy, Hold, or...
2025-05-19
Expert Says XRP Could Reach $700 If Ripple an...
2025-05-19
Expert Sets Timeline for XRP Price Breakout B...
2025-05-19

Связанные новости

Прочтите Отказ от ответственности : Весь контент, представленный на нашем сайте, гиперссылки, связанные приложения, форумы, блоги, учетные записи социальных сетей и другие платформы («Сайт») предназначен только для вашей общей информации, приобретенной у сторонних источников. Мы не предоставляем никаких гарантий в отношении нашего контента, включая, но не ограничиваясь, точность и обновление. Никакая часть содержания, которое мы предоставляем, представляет собой финансовый совет, юридическую консультацию или любую другую форму совета, предназначенную для вашей конкретной опоры для любых целей. Любое использование или доверие к нашему контенту осуществляется исключительно на свой страх и риск. Вы должны провести собственное исследование, просмотреть, проанализировать и проверить наш контент, прежде чем полагаться на них. Торговля - очень рискованная деятельность, которая может привести к серьезным потерям, поэтому проконсультируйтесь с вашим финансовым консультантом, прежде чем принимать какие-либо решения. Никакое содержание на нашем Сайте не предназначено для запроса или предложения