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Standard & Poor's: US Stable Coin adopts due to lack of
Regulatory obstacles
PANews February 20th news, according to Coindesk, Standard & Poor's Global Ratings said in a report on Wednesday that the lack of Stable Coin regulation in the United States is one of the main obstacles to adopting the coin.
Analysts led by Mohamed Damak pointed out that the lack of regulation is one of the main obstacles to the adoption of Stablecoin in the United States, hindering its adoption by a broader range of institutions. Stablecoin will play an increasingly important role in on-chain transactions, and adoption is expected to increase once regulations are in place.