This IDC Market Perspective looks at the recently submitted STABLE Act, a bill introduced into the U. S. Congress. The bill represents an attempt by U.S. legislators to control growth of stablecoins -- currency tokens with a value pegged to a basket of securities or currencies. While the bill is unlikely to gain much traction during this legislative session, it represents the evolution of thinking by some lawmakers regarding private enterprises issuing their own currency. That thinking sees stablecoins as bad for consumers as well as for the financial services market more generally. The industry's response to this bill will go a long way toward determining how stablecoins, as well as other token types, will be treated at this important stage of their evolution. That could have larger implications for related technologies such as blockchain and distributed ledgers."The positive signs from some regulatory bodies in the past few months were very encouraging," said James Wester, research director, Worldwide Blockchain Strategies at IDC. "But the introduction of the STABLE Act shows that many lawmakers still view cryptocurrencies, stablecoins, and digital assets with some suspicion. How advocates for blockchain, cryptocurrencies, and digital assets address these suspicions could be very important in ensuring regulations do not hamper the technologies' development."
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The AIOps Market is expected to grow at a CAGR of 26.2% during the forecast period 2021 to 2026. Large volumes of alerts, significant IT noise, and signals distributed across disparate tools hold back DevOps professionals. Meanwhile, teams’ requirement to improve performance across IT infrastructure and more accurately solve and resolve incidents...
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118 pages •
By Global Industry Analysts
• Apr 2021
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187 pages •
By Global Industry Analysts
• Apr 2021
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94 pages •
By Asia Market Information & Development Company
• Feb 2021
This study focuses on China’s Enzymes industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s major producers...
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The system of insight market was valued at US$ 1,537.86 million in 2019 and it is projected to reach US$ 4,914.52 million by 2027; it is expected to grow at a CAGR of 15.9% from 2020 to 2027. Due to digital transformation, the operations are handled automatically, mitigating human errors and increasing business productivity.Industries...
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