ChainCatcher news, according to Cointelegraph, Chainalysis' latest report reveals new trends in North American cryptocurrency adoption trends. Compared with the global market, the adoption of stablecoins in the United States slowed down in 2024. This year, there has been a major shift in stablecoin activity in the US market, with the share of stablecoin transactions on US-regulated trading platforms falling from about 50% in 2023 to less than 40% in 2024.

In contrast, the share of stablecoin transactions on non-US regulated platforms has increased significantly since 2023 and will exceed 60%. Chainalysis emphasized that this shift does not necessarily indicate a sharp decline in US stablecoin activity, but rather reflects the rapidly expanding role of stablecoins in emerging markets and non-US jurisdictions.

As more and more countries develop regulatory frameworks to encourage the adoption of stablecoins, US policymakers are under increasing pressure to take action.