U.S. Stablecoin Regulation Upgrade in 2026: Offshore Issuance Faces Choices, Institutional Pensions Poised to Enter

【Crypto World】The US has made new progress in its crypto policy. Former head of Nasdaq’s Digital Assets Department Ira Auerbach recently revealed that the US plans to further improve its crypto regulatory framework by 2026, especially focusing on stablecoins.

What are the core changes? Stablecoin issuers that previously operated under offshore regulatory models should take note—if they can relocate their reserve funds and operational centers back to the US, they will gain a significant competitive advantage. What does this mean? The future regulatory environment may become more friendly to localized operations, which will have a tangible impact on the integration of the stablecoin ecosystem.

Auerbach also revealed another signal: many US pension management institutions are preparing for testing phases, planning to allocate 0.5% to 1% of their assets in crypto within target date funds and balanced funds. It may seem like a small proportion, but what this implies is clear—institutional-level pensions are seriously considering including crypto in their long-term asset allocations.

Once these large-scale retirement plans truly start deploying, it will create a brand new, economy-cycle-linked stable demand for the crypto market. It will no longer be driven by retail enthusiasm but by institutional-level systematic allocations. This will benefit market depth and stability.