Analysis: Stablecoin regulation is clearer, but infrastructure and privacy remain major obstacles.

CoinFeed reported on May 10th, citing Coindesk, that executives from crypto companies MoonPay, Ripple, and Paxos recently pointed out that regulatory clarity is accelerating the institutional adoption of stablecoins, but infrastructure, privacy protection, and real-world application scenarios remain core challenges for the industry. Jack McDonald, Senior Vice President of Stablecoins at Ripple, stated that institutional clients are more concerned with regulatory compliance, custodial security, and trusted counterparties than simply the market capitalization of stablecoins. He added that Ripple prioritizes the practical utility of stablecoins in scenarios such as payments, corporate cash flow, and capital market collateral.