Summary
- Deutsche Bank diagnosed that stablecoins will become mainstream assets this year due to US regulations.
- Stablecoins account for more than two-thirds of cryptocurrency transactions and have advantages in terms of speed, payment methods, and cost.
- It analyzed that 83% of stablecoins are linked to the US dollar, strengthening the global dominance of the dollar.
Deutsche Bank has diagnosed through a report that stablecoins will become mainstream assets within this year due to regulatory changes in the United States.
According to CoinDesk, a cryptocurrency specialist media, on the 12th (local time), Deutsche Bank stated, "With the push for cryptocurrency legislation by the Donald Trump administration, stablecoins could be adopted as mainstream this year," and "In fact, stablecoins currently account for more than two-thirds of cryptocurrency transactions and have significant advantages in terms of speed, payment methods, and cost."
Furthermore, it analyzed that "since 83% of stablecoins are linked to the US dollar, stablecoins are strengthening the global dominance of the dollar."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
