Stablecoin Wars: Regulators Tighten the Noose
Binance just dropped a report on how regulators across the globe are coming for stablecoins.
EU’s has their strict MiCA laws - no more algorithmic stables. Meanwhile, the UK, Singapore, and Dubai are playing it cooler but still watching close.
The main point? Non-USD stablecoins might be the next wave, especially for countries dodging dollar dominance.
Post-Terra collapse, regulators aren't relaxed, and Binance predicts they're only going to get tighter - but that might just make stablecoins stronger.
Source: Blockchain Reporter
