Stablecoins

Stablecoins are crypto assets designed to maintain a stable value against fiat currencies such as the U.S. dollar or other assets. Their use is gradually expanding beyond trading into cross-border payments, institutional yield products and payments by AI agents. Final rules under the U.S. GENIUS Act have yet to be implemented, Europe is accelerating a shift from USDT to compliant USDC, and companies including Visa and Stripe are competing to build the next generation of payments infrastructure. Potential bank deposit outflows, anti-money laundering concerns and geopolitical implications are also drawing scrutiny, making regulatory progress, real-world adoption and financial risks key areas to watch.