The shift towards compliance-focused stablecoins in Asia-Pacific may signal a broader trend of regulatory integration influencing market dynamics.
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USDT retains a dominant position in payments with Asia-Pacific stablecoins, but its share within the identified volume fell from 98% at the beginning of 2025 to 91% in July 2026. A report commissioned by Ripple attributes the shift to a gradual diversification towards options that prioritize regulatory compliance and regulatory approval, although it does not specify how much of that share corresponds to RLUSD.