Forbes focuses on CertiK Skynet report: The stablecoin competition enters an institutional phase of "security first".

Forbes recently published an in-depth report focusing on the latest developments in the US stablecoin regulatory framework, highlighting the "2025 Skynet US Digital Asset Policy Report" released by CertiK, the world's largest Web3 security company. The report cites CertiK's analysis, pointing out that with the continued advancement of key policies such as the GENIUS Act, the US digital asset industry is moving from broad principles to a new phase centered on specific requirements, enforceable regulations, and institutional compliance expectations. CertiK co-founder and CEO Ronghui Gu stated in the report that issuers that will stand out in the stablecoin race in the future will be those companies that have established mature, institutional-grade operating systems in reserve management, transparency, and infrastructure, and the industry as a whole is shifting towards a "security-first" approach. Furthermore, Forbes, citing the CertiK report, analyzes that the divergence in regulatory paths between the US and Europe is reshaping the global liquidity landscape of stablecoins: the US views dollar-denominated stablecoins as strategic assets, while the EU's MiCA framework focuses on protecting the sovereignty of the euro, gradually forming a "dual-track" stablecoin system. CertiK believes that regulation will not only determine who can issue stablecoins, but also who can compete globally, with the real competition shifting towards long-term, cross-regulatory operational capabilities.