Express

Chainalysis CEO: Stablecoins Will Drive Institutional Crypto Adoption in Asia

Shawn

Summary: Chainalysis CEO Michael Gronager believes stablecoins will play a key role in driving institutional adoption of cryptocurrency in Asia, despite regulatory concerns.  Speaking at Token2049 in Singapore, Gronager highlighted that stablecoins account for two-thirds of all blockchain transactions and are increasingly seen as the "killer app" in crypto. While the U.S. remains the most influential ...

Chainalysis CEO Michael Gronager believes stablecoins will play a key role in driving institutional adoption of cryptocurrency in Asia, despite regulatory concerns. 

Speaking at Token2049 in Singapore, Gronager highlighted that stablecoins account for two-thirds of all blockchain transactions and are increasingly seen as the "killer app" in crypto.

While the U.S. remains the most influential region due to high trading volumes, Gronager emphasized that the outcome of the U.S. presidential election in November will have little impact on the global crypto landscape.

Last Update:

Tags: ,,,
Link: Chainalysis CEO: Stablecoins Will Drive Institutional Crypto Adoption in Asia   [Copy]
Next:

Related Articles

  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 2 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 3 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 5 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 5 days ago
  • The GENIUS Act & Stablecoin Regulation: BRG's Dominic Zagara on Crypto's Defining ... 8 days ago

    • You need to login to comment.