Recent reports of potential progress in stablecoin regulation from Federal Reserve Chair Jerome Powell raise questions due to the lack of official confirmation.
Uncertainty Surrounding Powell's Comments
According to sources from ChainCatcher, Jerome Powell indicated advancements in stablecoin regulation. However, no official confirmation has been provided by the Federal Reserve. Industry observers note that the absence of corroborating information creates uncertainty regarding regulatory direction.
Stable Stablecoin Market
According to CoinMarketCap, Tether USDt (USDT) has a market capitalization of $156.76 billion and a dominance of 4.78%. Recently, the price has remained stable, with a trading volume decrease of 30.40%. The circulation stands at 156.69 billion, with no capped supply.
Outlook on Stablecoin Regulation
Coincu research suggests that verified regulatory guidelines could significantly reshape the stablecoin ecosystem, influencing regulatory attitudes across jurisdictions. Historical data indicates that stability in this segment could attract institutional interest if official frameworks materialize.
In the midst of uncertainty regarding Jerome Powell's comments, the stablecoin market continues to show resilience. Future regulatory steps will be crucial for the direction of this segment.
