Guotai Junan International: Non-USD stablecoins already have a basis for expansion, and the future stablecoin market may show a "dual-track parallel" development

Guotai Junan International recently published a digital asset research report entitled "Inspirations from Tether: Can Non-USD Stablecoins Break the Mold?" 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 transformation. The report points out that after years of development, non-USD stablecoins already have a foundation for expansion, and the "de-dollarization" trend since the beginning of this year has also provided new opportunities for non-USD stablecoins. Judging from the regulatory framework and development status of the existing stablecoin market, the stablecoin market is likely to show a "dual-track parallel" development characteristic in the future. [Foresight News]