Stablecoin uncertainty could hurt banks more than crypto firms: Expert

An expert suggests that regulatory uncertainty around stablecoins may hurt traditional banks more than cryptocurrency firms. While crypto companies continue to expand their operations, banks are holding back and waiting for clearer regulatory guidelines.

• →Regulatory uncertainty around stablecoins is creating different impacts for banks versus crypto firms
• →Crypto companies are continuing to expand their operations despite unclear regulations
• →Banks are taking a more cautious approach by waiting for clearer regulatory rules
• →The regulatory delay may put traditional financial institutions at a competitive disadvantage