Vixio Unveils Global Stablecoin Outlook as Regulators Move to Define the Future of Digital Assets

Vixio, a leading provider of regulatory intelligence solutions, has published a new outlook report tracking the surge in global regulatory activity around stablecoins, a market already valued at $250bn and forecast to reach $2tn by 2028.

In the first half of 2025, Vixio recorded 46 regulatory updates concerning stablecoins, with Western Europe leading the charge. This followed 120 updates in the second half of 2024, which underlines the rapid change underway in the space. Regulators are embedding stronger safeguards into new frameworks in response to consumer protection concerns, while still seeking to preserve space for innovation in this fast-evolving sector.

“Stablecoins are no longer a fringe innovation, they are moving into the regulated financial mainstream,” said John Gidla, Head of Global Regulatory Research & Analysis, Vixio. “Over time, we may see stablecoins become more closely associated with regulated banks and established financial institutions, rather than the speculative activity of the unregulated crypto markets. Our Outlook offers essential guidance to help firms understand the regulatory expectations being shaped today, and what those developments mean for their operations and business models.”

Recent legislation in the U.S., such as the GENIUS Act, and Hong Kong, such as the Stablecoins Bill, illustrates diverging regulatory models for stablecoins: the U.S. approach prioritises enabling private sector innovation, while Hong Kong’s framework places greater emphasis on prudential safeguards and systemic stability.

By mandating transparent reserves and regular independent audits, legislators aim to strengthen trust in stablecoins and mitigate risks to financial stability.

The Vixio Stablecoin Outlook provides critical guidance for issuers, financial institutions, and compliance leaders seeking to understand and prepare for this pivotal phase of digital asset regulation. To read the full report, visit www.vixio.com/research/stablecoins-outlook-2025

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