logo

Guotai Junan International Research Report: The future stablecoin market is likely to show a dual-track parallel development feature

By: odaily.com|2025/07/10 17:06:30
0
Share
copy

Odaily News Guotai Junan International recently published a digital asset research report titled Inspiration from Tether: Can non-US dollar stablecoins break through?, stating that with the implementation of stablecoin regulatory frameworks in major countries and economies around the world, the global digital asset market is also undergoing a historic change. The bank pointed out that after years of development, non-US dollar stablecoins have a foundation for expansion, and the de-dollarization trend since this year has also provided new opportunities for non-US stablecoins.

Judging from the regulatory framework and development status of the existing stablecoin market, the future stablecoin market is likely to present a dual-track parallel development feature. On the one hand, the US domestic compliant stablecoin will be the leading one, serving the traditional financial and institutional markets that are subject to strong regulation, emphasizing security, transparency and legal protection. On the other hand, Tether may continue to play an important role in specific regions and crypto-native ecosystems; at the same time, compliant offshore stablecoins based on different sovereign currencies will accelerate development, serving specific geo-economic circles and diversified needs.

From the perspective of market composition, for Tether, the wave of US stablecoin compliance is not only a challenge to its market share, but also an opportunity for it to deepen its presence in a specific offshore ecosystem. At the same time, non-US dollar stablecoins can also find their own potential to break out of the circle from Tether.

You may also like

Transcript of Dr. Han, founder of Gate, speaking at the University of Hong Kong: Breaking the Matthew Effect and Winning in Asymmetric Competition

Gate CEO Dr. Han appeared at the University of Hong Kong to deliver a keynote speech on the theme of "Breaking the Matthew Effect," revealing the essence of unfair competition in the cryptocurrency market, and emphasizing that only by establishing a first-mover advantage and independent thinking ear...

Who will replace AAVE as the new king?

Morpho and JupLend are narrowing the gap, but is this a true disruption or an illusion caused by external shocks? Looking back at the three phases of lending on Ethereum and Solana, the answer may be surprising.

Fu Peng 2026 First Public Speech: What Exactly Are Crypto Assets? Why Did I Join the Crypto Asset Industry?

The advancement of technology is driving the transformation of finance, and crypto assets are at the center of the storm.

Lattice Capital Founder: Crypto VC, Seeing is Believing Because of Faith

"If you believe that this industry will grow 100 times in the future, with less competition and lower valuations, then now is the right time to invest. This is the path we have chosen."

The Pitch Is Set. So Is the Trade: CHZ, SportFi, and the UCL Window That Won't Wait

CHZ is gaining momentum as SportFi narratives accelerate alongside the UEFA Champions League（UCL） and global football cycles. This article explores how CHZ, fan tokens, and the broader SportFi ecosystem are driven by real-world events, market narratives, and capital flows—offering insights into why SportFi is emerging as one of the most dynamic sectors in crypto.

Morning Report | SpaceX acquires Cursor for $60 billion; Kalshi and Polymarket launch perpetual contract trading; NeoCognition completes $40 million financing

Overview of Important Market Events on April 22
The Joker is back
Bigger pools, auto-play, lucky buffs.
The Joker is backJoin now and grab your rewards.

Popular coins

Latest Crypto News

16:42

H100 signs a binding strategic acquisition agreement, with Bitcoin holdings expected to increase to 3,500 coins

The Swedish Bitcoin treasury company H100 announced that it has signed a binding strategic acquisition agreement. After the transaction is completed, the company's Bitcoin holdings are expected to increase to approximately 3,500 coins.
16:42

KelpDAO: Actively advancing post-incident solutions and prioritizing the protection of user interests

According to official news, KelpDAO stated that in the past few days, the team has been continuously advancing the handling of related events with the support of partners, allies, and the community. The discussions are currently moving in a positive direction, and efforts are being accelerated to re...
16:42

OpenAI is reported to have poached several marketing executives from Coinbase

According to CoinDesk, in the past year, several senior executives from Coinbase's marketing team have joined OpenAI, including former Chief Marketing Officer Kate Rouch, Head of Integrated Marketing Sarah Russell, and Head of International Marketing Elke Karstens.In addition, several former employe...
16:42

Data: The current 8-hour average funding rate for BTC across the entire network is -0.0033%

According to Coinglass data, the current 8-hour average funding rate for BTC across the network is -0.0033%. Among the current mainstream exchanges, the rate on Binance is -0.0036%, OKX is -0.008%, Bybit is -0.0054%, and Gate is -0.0007%.
16:42

Murad's investment portfolio has rebounded to 12 million dollars, still down 82% from its peak

Arkham stated that trader Murad's portfolio has rebounded to about $12 million, up approximately 50% from the previous low of $7.8 million, but still down about 82% from the historical peak. During this period, Murad did not sell his holdings in SPX and other meme coins.
Read more
Community
iconiconiconiconiconiconicon

Customer Support Bot：@WEEX_support_smart_Bot

VIP Services：support@weex.com