Stablecoin uncertainty could hurt banks more than crypto firms: Expert

Regulatory uncertainty around stablecoins may disproportionately affect banks, as they wait for clearer rules, while crypto firms continue to expand, potentially altering the competitive landscape. This uncertainty could lead to a shift in market dynamics, favoring crypto firms over traditional banks. The lack of clear regulations may hinder banks' ability to fully engage with stablecoins, limiting their potential growth and innovation in this space.