Gate Research Institute: Stablecoins enter the regulatory era, ushering in a new generation of currency sovereignty and financial hegemony competition

The latest in-depth study by Gate Research Institute, "Stablecoins Entering the Regulatory Era: Embarking on a New Generation of Currency Sovereignty and Financial Hegemony Controversy," points out that global stablecoins are entering a new era characterized by the implementation of regulatory frameworks. Represented by the Genius Act, the United States took the lead in promoting the spontaneous evolution of stablecoins from the market to institutionalized governance. Stablecoins are no longer a single intermediary tool for cryptocurrency transactions, but have evolved into a multifunctional infrastructure that carries payment efficiency, financial universality, and currency sovereignty competition. This round of regulation marks the intensification of the global game in the dimension of digital sovereignty. The United States is accelerating the integration of stablecoins into its dominant financial system, aiming to strengthen the influence of the US dollar in the next generation of cross-border settlement standards; Other countries, on the other hand, are attempting to counter the dominance of the US dollar with stablecoins, promoting regional stablecoin solutions anchored in their own currencies to ensure currency independence and financial security. Gate Research Institute pointed out that the regulation of stablecoins is not only a reflection of the compliance transformation of financial technology, but also the beginning of the deep integration of digital currency and national power under the reshaping of the monetary order. The future dominance struggle will unfold on the chain.