CITIC Securities has expressed optimism about the growth of stablecoins, predicting that it will significantly improve international payments. Regulatory approvals play a key role in this process.
Growth Prospects of Stablecoins
According to CITIC Securities, substantial growth in the stablecoin sector is expected to create important efficiencies in global payment systems. Increased regulatory clarity is likely to lead to wider adoption of stablecoins in settlements.
Role of Regulators in Development
The firm emphasizes that stablecoins with regulatory approvals are crucial players in this growth. *"CITIC Securities’ latest research note highlights the significant growth potential for the stablecoin industry, focusing on issuers who have a high certainty of regulatory approval as key beneficiaries of future expansion."*
Impact on International Business
The research highlights the expected increase in on-chain activities, such as transaction volumes and total value locked (TVL) in DeFi platforms. Stablecoin transactions are anticipated to rise, enhancing cross-border payments and liquidity. Increased political attention may also affect industry dynamics.
In conclusion, the growth and regulatory clarity of the stablecoin sector could revolutionize payment systems and significantly impact global commerce.
