UBS Global Wealth Management predicts that demand for stablecoins—cryptocurrencies pegged to assets like the U.S. dollar—could increase further with more crypto-friendly regulations.
UBS noted that the pro-crypto stance of the Trump administration could lead to greater regulatory clarity and oversight, stating: “This could result in greater adoption and participation by major U.S. banks. The EU’s MiCA regulation may also drive stablecoin adoption.”
The report also highlighted the role of fintech giants like PayPal, which are integrating stablecoins into their platforms. UBS stated: “This integration could encourage other financial service providers to follow suit.”
Additionally, some banks are exploring stablecoins as a way to streamline payments, reduce cross-border transaction friction and costs, and defend their existing business models against potential market disruptors.
Source: Foreks/ Prepared by: İlayda Gök