A recent report from blockchain analytics firm Nansen suggests that the passage of the Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act could significantly benefit major regulated players in both the traditional finance and crypto sectors—with Coinbase emerging as a potential big winner.
The STABLE Act introduces a federal framework for payment stablecoins, allowing only licensed issuers and requiring stablecoins to be fully backed by cash or short-term U.S. Treasuries. These provisions are designed to enhance transparency, reduce systemic risk, and bring digital dollars under more rigorous regulatory oversight.
Regulatory Moat Could Favor Established Institutions
According to Nansen, the Act would create a “regulatory moat” by setting high compliance standards that favor institutions already aligned with U.S. regulations. This includes major banks and top-tier crypto firms that have proactively built infrastructure for KYC, AML, and custody compliance.
“Entities like Coinbase are well-positioned,” Nansen wrote, citing the exchange’s partnership with Circle and its role in distributing USDC, a fiat-backed stablecoin that aligns with the bill’s vision.
Coinbase’s Custody and Liquidity Advantages
Beyond its stablecoin involvement, Coinbase stands to benefit from an expected rise in demand for regulated custody solutions and on-chain liquidity consolidation. With institutional clients increasingly seeking compliant and secure platforms, Coinbase’s dual role as custodian and exchange could give it a competitive edge in a more tightly regulated environment.
Nansen concluded that if the STABLE Act becomes law, it could accelerate institutional adoption of stablecoins while pushing smaller or offshore projects out of the U.S. market.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/coinbase-poised-to-benefit-from-stable-act-says-nansen/