Stablecoin future uncertain as crypto community divided over regulatory hurdles

The post Stablecoin future uncertain as crypto community divided over regulatory hurdles appeared on BitcoinEthereumNews.com. The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems. In countries with high inflation, like Brazil, Mexico, and Colombia, ordinary users are increasingly turning to stablecoins to save money or send funds to family members abroad. One thing is clear: stablecoins are here to stay. And the numbers speak for themselves. According to data from blockchain forensic firm Chainalysis, stablecoins now account for approximately 70% of the share of indirect flows from Brazil’s local exchanges to global exchanges. “Brazil’s high levels of stablecoin activity, as well as general interest in digital products and services, are drawing significant interest from major crypto players, notably Circle, which announced its official launch in Brazil in May 2024.” Chainalysis Nubank, the largest Brazilian digital bank in Latin America, is also chasing the trend. With over 85 million customers in Brazil and 6 million in Mexico and Colombia, the bank now offers a fixed 4% annual return to users who hold USD Coin (USDC), a stablecoin issued by Circle. Nubank says it started offering yields on stablecoins because “more than 50% of new Nubank Crypto users chose USDC as their first digital asset.” Big venture capital firms are also betting on stablecoins, expecting them to change how small businesses handle payments. Dragonfly Capital’s managing partner, Haseeb Qureshi, says stablecoins will go beyond trading and make things like 24/7 instant settlements possible — unlike banks that close on holidays. My 2025 Crypto Predictions I’m either going to look like a prophet or an idiot over these predictions, but one thing is for sure: I’m going to piss off a lot of people with bags. Breaking this up…

Jan 30, 2025 - 19:00
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Stablecoin future uncertain as crypto community divided over regulatory hurdles

The post Stablecoin future uncertain as crypto community divided over regulatory hurdles appeared on BitcoinEthereumNews.com.

The crypto community is split on stablecoins’ future, with some expecting growth and others worried about regulatory hurdles in 2025. Stablecoins are everywhere. Wealthy businesses and VCs see them as a silver bullet for companies struggling with outdated payment systems. In countries with high inflation, like Brazil, Mexico, and Colombia, ordinary users are increasingly turning to stablecoins to save money or send funds to family members abroad. One thing is clear: stablecoins are here to stay. And the numbers speak for themselves. According to data from blockchain forensic firm Chainalysis, stablecoins now account for approximately 70% of the share of indirect flows from Brazil’s local exchanges to global exchanges. “Brazil’s high levels of stablecoin activity, as well as general interest in digital products and services, are drawing significant interest from major crypto players, notably Circle, which announced its official launch in Brazil in May 2024.” Chainalysis Nubank, the largest Brazilian digital bank in Latin America, is also chasing the trend. With over 85 million customers in Brazil and 6 million in Mexico and Colombia, the bank now offers a fixed 4% annual return to users who hold USD Coin (USDC), a stablecoin issued by Circle. Nubank says it started offering yields on stablecoins because “more than 50% of new Nubank Crypto users chose USDC as their first digital asset.” Big venture capital firms are also betting on stablecoins, expecting them to change how small businesses handle payments. Dragonfly Capital’s managing partner, Haseeb Qureshi, says stablecoins will go beyond trading and make things like 24/7 instant settlements possible — unlike banks that close on holidays. My 2025 Crypto Predictions I’m either going to look like a prophet or an idiot over these predictions, but one thing is for sure: I’m going to piss off a lot of people with bags. Breaking this up…

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