Expected Growth of Stablecoins and Financial Integration in 2025

- Stablecoin Payments Reach 1 Billion Dollars in Singapore - Facilitating the Integration of Traditional Financial Institutions and Stablecoins [Unblock Media] According to a recent report released in Singapore, stablecoin payments have reached 1 billion dollars. This demonstrates the increasing practical usage cases of stablecoins. Alongside this, the Monetary Authority of Singapore is researching the integration of stablecoin payment systems with various commercial banks. Regulations for the stablecoin market are expected to strengthen by 2025. The MiCA regulations will require issuers to maintain sufficient capital requirements and daily token reserves. This could increase issuance costs, as evidenced by Tether, which earned a profit of around 200 million dollars in 2022, attracting significant interest from traditional financial institutions. European commercial banks are likely to gradually adopt stablecoins in adherence to MiCA regulations. For example, large commercial banks like HSBC and Deutsche Bank are very likely to offer transactions and payments through stablecoins to their customers. These banks have already introduced various digital asset and blockchain solutions, and this trend is expected to accelerate by 2025. At this point, regulatory and technological advancements are rapidly promoting the adoption of stablecoins, which will accelerate their integration with the traditional financial system. Based on this analysis, the anticipated regulatory strengthening and integration with traditional finance are likely to further solidify the growth of the stablecoin market.