S&P Global: Lack of Regulation Slows U.S. Stablecoin Adoption

S&P Global has highlighted that the adoption of stablecoins in the U.S. is being slowed down due to the absence of clear regulatory frameworks. This lack of regulation creates uncertainty for investors and companies, hindering the growth and integration of stablecoins into the financial system. The report suggests that establishing comprehensive regulations could facilitate wider acceptance and use of stablecoins, potentially benefiting the economy. Additionally, the increase in money supply is described as a hidden tax on currency holders, impacting their purchasing power.