Chainalysis: The United States is losing control of the stablcoin market – Bits Media

Analysts of the Chainalysis service claim, that the US authorities are losing the levers of control over the market of stablecoins, since an increasing number of operations are performed through crypto companies, not having a license in the States.

Since July 2022 in June 2023 years of operation with stablecoins passed through accounts of companies incorporated in the United States, And in the total mass, making up about half of all intra -meter transactions.

However, since June about 55% From the historical volume of operations in stable coins were redirected to exchanges, not controlled by the supervisory authorities and regulators of the United States.

Chainalysis experts came to the conclusion, that the American authorities are gradually losing the tools for supervision of the market of stablecoins. Since most of the assets are tied to reserves, expressed in US dollars, then officials seeks to use all possible regulatory powers. At the same time, consumers try to avoid negative consequences, associated with toughening the regime of crypto industry regulation.

In their report, representatives of Chainalysis noted, that the analysis of the geography of the penetration of cryptocurrencies to world markets showed a high degree of adoption of digital assets in developing countries.