PANews reported on July 25 that the latest in-depth study released by Gate Research Institute, "Stablecoins Enter the Regulatory Era: Opening a New Generation of Monetary Sovereignty and Financial Hegemony", pointed out that global stablecoins are entering a new era with "regulatory framework landing" as the core feature. Represented by the "Genius Act", the United States took the lead in promoting stablecoins from spontaneous market evolution to institutionalized governance. Stablecoins are no longer a single intermediary tool for crypto transactions, but have evolved into a multifunctional infrastructure that carries payment efficiency, financial versatility and monetary sovereignty competition.

This round of regulation marks the heating up of the global game in the dimension of digital sovereignty. The United States is accelerating the inclusion of stablecoins into its dominant financial system, striving to strengthen the influence of the US dollar in the next generation of cross-border settlement standards; while other countries are trying to use stablecoins to counter the dominance of the US dollar, promote regional stablecoin solutions anchored to their own currencies, and ensure monetary independence and financial security.

Gate Research Institute pointed out that the regulation of stablecoins is not only a reflection of the transformation of financial technology compliance, but also the beginning of the deep integration of digital currency and national power under the reshaping of the monetary order. The future battle for dominance will unfold on the chain.