... uniform requirements for crypto businesses and stablecoin issuance across all EU countries. Implementing MiCA is expected to reduce regulatory risks for companies and make the European crypto market more transparent and secure—licensing for the first crypto exchanges under the new rules has already begun. In Asia, several countries (Hong Kong, Singapore, etc.) are competing for the status of regional crypto hubs, offering special regulatory regimes to attract companies and capital. The overall global trend ...

... collectible tokens. Europe: The EU has implemented a comprehensive set of MiCA rules, unifying requirements for participants in the crypto market and stablecoins. The European approach provides uniform regulatory standards, attracting businesses to the EU markets ... ... jurisdictions as crypto-friendly hubs. For instance, Hong Kong has introduced a mandatory licensing regime for cryptocurrency exchanges and is already issuing the first licenses for retail trading of digital assets. A comprehensive stablecoin law has also ...

... threshold amidst a deflationary ETH issuance model. Tether (USDT) – ~$1, the leading stablecoin. USDT provides liquidity to the crypto market, remaining the primary tool for parking capital between trades. The issuer Tether is preparing to enter the U.S.... ... highlighting the demand for reliable digital dollars. Binance Coin (BNB) – ~$800. The token of the largest cryptocurrency exchange Binance has reached an all-time high amidst growing platform activity. Despite tightening regulation in several countries,...

... cryptocurrency. Bitcoin’s market liquidity stands to improve as well. ETFs allow investors to trade Bitcoin exposure on regulated stock exchanges. Higher trading volumes on these exchanges mean more efficient price discovery and less reliance on volatile crypto exchanges. Greater liquidity can also reduce price swings, as large transactions will have a smaller impact when markets are deeper. Moreover, as banks integrate Bitcoin ETFs, the supporting infrastructure for Bitcoin trading and custody will advance,...

... are made through USDT or USDC instead of SWIFT systems—this is faster and cheaper. In 2025, we may witness more partnerships between stablecoin issuers and major payment systems. For Tether, this would mean an expansion of USDT's application beyond crypto exchanges, further strengthening its position. Competition and New Players. On the horizon are new stablecoins, including national ones. The European Union, having adopted MiCA, will likely stimulate the emergence of euro-pegged stablecoins under the ...