... regulatory framework for stablecoins is being established in the US. The administration has issued an executive order on developing federal regulation for digital assets, and Congress is discussing stablecoin legislation that may establish reserve and licensing requirements for issuers. Clarity of rules in the US could significantly strengthen USDC's position, as Circle has initially adhered to transparency and compliance policies. Citi notes in its April report that regulatory certainty will allow ...

... algorithmic stablecoin UST and the subsequent market chain reaction), legislators and regulatory authorities have focused on the regulatory status of stablecoins. In 2023–2024, bills were discussed that would require stablecoin issuers to obtain a banking license or be under federal regulatory oversight. Specifically for Tether, the situation is unique: the company is registered outside the US (in offshore jurisdictions, British Virgin Islands) and is formally not subject to direct regulation by American ...

... on specific criteria: Establishment date. It is unwise to trust your funds to organizations that have only recently entered the market. Branch network. Preference should be given to institutions with extensive networks, including branches and ATMs. License validity. The bank should possess all necessary permits, and their validity should not expire. A revoked license is a red flag. Rating. It is important to review the financial institution's standing in domestic and foreign markets. Additionally,...

... regulatory standards, attracting businesses to EU markets due to clear and transparent operational conditions. Asia: Asian countries are striving to strengthen their jurisdictions' status as crypto-friendly hubs. Hong Kong has introduced a mandatory licensing regime for cryptocurrency exchanges and is already issuing the first licenses for retail trading of digital assets; moreover, a comprehensive stablecoin law has been enacted (coming into effect in August 2025), attracting new market participants ...

... attracting businesses to the EU markets through clear and transparent operating conditions. Asia: Asian countries are striving to strengthen the status of their 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 been passed (effective August 2025), drawing new market participants to Hong Kong. Singapore ...