Stablecoin Industry Poised for Growth Amid Regulatory Developments

According to Odaily, a report by CITIC Securities highlights the burgeoning stablecoin industry as a crucial link between digital assets and the real world. With regulatory policies being implemented globally, the sector is expected to achieve compliant growth. The future applications of stablecoins are anticipated to expand both in breadth and depth, supporting the demand for these digital currencies. The report suggests focusing on stablecoin issuers who have clearly applied for approval and have a high certainty of being granted permission. In the long term, application scenarios will determine future potential, emphasizing the importance of entities and industry participants that may form a closed-loop ecosystem for issuance and application.