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]

On July 10 (UTC+8), Guotai Junan International recently published a digital asset research report titled "Insights from Tether: Can Non-USD Stablecoins Break the Mold?" stating that the global digital asset market is undergoing a historic transformation as regulatory frameworks for stablecoins are implemented in major countries and economies around the world. The report points out that after years of development, non-USD stablecoins have the foundation for expansion, and the "de-dollarization" trend since the beginning of this year has provided new opportunities for non-USD stablecoins. From the perspective of the existing regulatory framework and development status of the stablecoin market, the future stablecoin market is likely to show a "dual-track parallel" development characteristic. On the one hand, U.S. local compliant stablecoins will dominate, serving the heavily regulated traditional finance and institutional markets, emphasizing security, transparency, and legal protection. On the other hand, Tether may continue to play an important role in specific regions and crypto-native ecosystems; at the same time, compliant offshore stablecoins relying on different sovereign currencies will accelerate their development, serving specific geo-economic circles and diversified needs. From the perspective of market composition, for Tether, the wave of U.S. stablecoin compliance is both a challenge to its market share and a possible opportunity for it to cultivate a specific "offshore" ecosystem. At the same time, non-USD stablecoins can also find their own opportunities to break out of the circle from Tether. (Source: Odaily) [Meta Era]

USDT

Guotai Junan International Research Report: The future stablecoin market is very likely to show a "dual-track parallel" development characteristic

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. On the one hand, U.S. local compliant stablecoins will dominate, serving the heavily regulated traditional finance and institutional markets, emphasizing security, transparency, and legal protection. On the other hand, Tether may continue to play an important role in specific regions and crypto-native ecosystems; at the same time, compliant offshore stablecoins relying on different sovereign currencies will accelerate their development, serving specific geo-economic circles and diversified needs. From the perspective of market composition, for Tether, the wave of U.S. stablecoin compliance is both a challenge to its market share and a potential opportunity for it to cultivate a specific "offshore" ecosystem. At the same time, non-USD stablecoins can also find their own opportunities to break out of the circle from Tether. [Odaily Planet Daily]

Guotai Junan International's digital asset research report points out that against the backdrop of the United States promoting the compliance of stablecoins, USDT may face the challenge of its market share being eroded by compliant stablecoins in mainstream finance and institutional markets. However, it will still retain "offshore living space" in regulatory vacuums, areas where legal tender is ineffective, and the crypto-native ecosystem. The report believes that USDT's development path as a "technically neutral" strategy as a U.S. dollar digital channel tool may provide replicable experience for non-U.S. dollar stablecoins. From the perspective of the existing regulatory framework and development status of the stablecoin market, the stablecoin market is likely to show a "dual-track parallel" development characteristic in the future. [Wu Shuo]

Guotai Junan International Report: The stablecoin market may exhibit a "dual-track parallel" development trend in the future

On July 10 (UTC+8), July 10, 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 the global stablecoin regulatory framework, Tether (USDT) will face severe challenges. The rise of U.S. compliant stablecoins may erode its market share in the institutional market, but Tether remains competitive in high-inflation regions, countries with capital controls, and the crypto-native ecosystem. Research shows that Tether's "technology-neutral" strategy provides development experience for non-USD stablecoins, which can seek breakthroughs by leveraging the "de-dollarization" trend. The future stablecoin market may present a "dual-track parallel" pattern: U.S. compliant stablecoins dominate traditional finance, while Tether and non-USD stablecoins serve specific regions and diversified needs. (Source: TechFlow) [MetaEra]

Guotai Junan Research Report: Tether Faces US Regulatory Challenges, Non-USD Stablecoins Seek a Breakthrough

On July 10th, Guotai Junan International recently published a digital asset research report entitled "Insights from Tether: Can Non-USD Stablecoins Break the Mold?" stating that with the implementation of global stablecoin regulatory frameworks, Tether (USDT) will face severe challenges. The rise of U.S. compliant stablecoins may erode its institutional market share, but Tether remains competitive in high-inflation regions, countries with capital controls, and the crypto-native ecosystem. Research shows that Tether's "technology-neutral" strategy provides development experience for non-USD stablecoins, which can seek breakthroughs by leveraging the "de-dollarization" trend. The future stablecoin market may present a "dual-track parallel" pattern: U.S. compliant stablecoins dominate traditional finance, while Tether and non-USD stablecoins serve specific regions and diversified needs. [Deep Tide TechFlow]

Guotai Junan Research Report: Tether Faces US Regulatory Challenges, Non-Dollar Stablecoins Seek a Breakthrough

On July 10th, Guotai Junan International recently published a digital asset research report entitled "Insights from Tether: Can Non-USD Stablecoins Break the Mold?" stating that the global digital asset market is undergoing a historic transformation as stablecoin regulatory frameworks are implemented in major countries and economies around the world. The firm pointed out that after years of development, non-USD stablecoins have the foundation for expansion, and the "de-dollarization" trend since the beginning of this year has 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 the development characteristics of "dual-track parallel operation" in the future. On the one hand, U.S. local compliant stablecoins will dominate, serving the heavily regulated traditional financial and institutional markets, emphasizing security, transparency, and legal protection. On the other hand, Tether may continue to play an important role in specific regions and crypto-native ecosystems; at the same time, compliant offshore stablecoins relying on different sovereign currencies will accelerate their development, serving specific geo-economic circles and diversified needs. From the perspective of market composition, for Tether, the wave of U.S. stablecoin compliance is both a challenge to its market share and a potential opportunity for it to cultivate a specific "offshore" ecosystem. At the same time, non-USD stablecoins can also find their own opportunities to break out of the circle from Tether. [BlockBeats]

On July 10, Guotai Junan International recently published a digital asset research report entitled "Inspirations from Tether: Can Non-USD Stablecoins Break the Game?" 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 firm pointed out that after years of development, non-USD stablecoins already have the 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 the development characteristics of "dual-track parallel" in the future. On the one hand, U.S. local compliant stablecoins will dominate, serving the heavily regulated traditional financial and institutional markets, emphasizing security, transparency, and legal protection. On the other hand, Tether may continue to play an important role in specific regions and crypto-native ecosystems; at the same time, compliant offshore stablecoins relying on different sovereign currencies will accelerate their development, serving specific geo-economic circles and diversified needs. From the perspective of market composition, for Tether, the wave of U.S. stablecoin compliance is both a challenge to its market share and a possible opportunity for it to cultivate a specific "offshore" ecosystem. At the same time, non-USD stablecoins can also find their own way to break out of the circle from Tether. [BlockBeats]

July 10th. Guotai Junan International recently published a digital asset research report titled "Inspiration from Tether: Can Non-USD Stablecoins Break Through?" The report stated that with the establishment of stablecoin regulatory frameworks in major countries and economies around the world, the global digital asset market is undergoing a historic transformation. The bank pointed out that after years of development, non-USD stablecoins have expanded their foundation, and the "de-dollarization" trend this year has also provided new opportunities for non-USD stablecoins. From the current regulatory framework and development status of the stablecoin market, it is very likely that the stablecoin market will present a "dual-track parallel" development feature in the future. On the one hand, led by US domestic compliant stablecoins, it serves the heavily regulated traditional financial and institutional markets, emphasizing security, transparency, and legal protection. On the other hand, Tether may continue to play an important role in specific regions and the crypto-native ecosystem; meanwhile, compliant offshore stablecoins pegged to different sovereign currencies will accelerate development, serving specific geopolitical zones and diverse needs. In terms of market composition, for Tether, the wave of US stablecoin compliance is both a challenge to its market share and an opportunity to deepen its presence in specific "offshore" ecosystems. At the same time, non-USD stablecoins can also find their own potential for mainstream adoption through Tether. [BlockBeats]

SOSO

Guotai Junan International Research Report: The Stablecoin Market Is Highly Likely to Exhibit a "Dual-Track Parallel" Development Feature in the Future

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

国泰君安国际近日发布了一份题为《从Tether获得启示：非美元稳定币能否突破常规？》的数字资产研究报告，指出随着世界主要国家和经济体稳定币监管框架的实施，全球数字资产市场正经历一场历史性的变革。报告指出，经过多年的发展，非美元稳定币已经具备了扩展的基础，而今年以来的“去美元化”趋势也为非美元稳定币带来了新的机遇。从现有稳定币市场的监管框架和发展状况来看，未来稳定币市场很可能呈现“并行双轨”的发展特征。

国泰君安国际：非美元稳定币已经具备扩展的基础，未来稳定币市场可能呈现“多轨并行”发展格局

國泰君安國際近日發佈了一份題爲《從Tether獲得啓示：非美元穩定幣能否突破常規？》的數字資產研究報告，指出隨着世界主要國家和經濟體穩定幣監管框架的實施，全球數字資產市場正經歷一場歷史性的變革。報告指出，經過多年的發展，非美元穩定幣已經具備了擴展的基礎，而今年以來的“去美元化”趨勢也爲非美元穩定幣帶來了新的機遇。從現有穩定幣市場的監管框架和發展狀況來看，未來穩定幣市場很可能呈現“並行雙軌”的發展特徵。