Odaily Planet Daily News Chainalysis said in its latest report on North American cryptocurrency adoption trends that the adoption of stablecoins in the United States slowed down in 2024 compared with the global market. This year, there has been a major shift in stablecoin activity in the U.S. market, with the share of stablecoin transactions on U.S.-regulated exchanges falling from about 50% in 2023 to less than 40% in 2024. In contrast, the share of stablecoin transactions on non-U.S. regulated platforms has increased significantly since 2023 and will exceed 60% in 2024. Chainalysis emphasized that this shift does not necessarily indicate a sharp decline in U.S. stablecoin activity, but rather reflects the rapidly expanding role of stablecoins in emerging markets and non-U.S. jurisdictions. Chainalysis said that as more countries develop regulatory frameworks that encourage the adoption of stablecoins, U.S. policymakers are under increasing pressure to take action. (Cointelegraph)