Chainalysis co-founder and CEO Michael Gronager in an interview at Token2049 in Singapore stated that Stablecoins will drive institutional adoption in Asia, “even if regulators are not happy with it”. He highlighted that two-thirds of all transactions in transaction volume on blockchains are stablecoins. He also stated that while Asia has greater user adoption, the U.S. is still the more influential geography. He also shared that it won’t matter much whether Donald Trump or Kamala Harris wins the upcoming US elections.
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Source: https://coinpedia.org/crypto-live-news/chainalysis-ceo-says-stablecoin-will-institutional-adoption-in-asia/