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Kevin O'Leary said that the current selloff in crypto is not limited to Bitcoin, and added that the adoption of stablecoins and blockchain technology among institutions has stalled as many companies wait for regulatory clarity. O'Leary noted that his own organization uses USDC for treasury management and cross-border settlement, but observed that others are reluctant to move forward until regulations become clearer.
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O'Leary previously spoke at the Beyond Banking Summit 2026 in Thailand, calling the gathering of more than 2,000 attendees a major financial services event (link). He has also discussed his 10% allocation to Canada through the XIU ETF, noting that it outperformed the S&P 500 by 158 basis points (link). These comments reflect his ongoing engagement with global finance topics alongside his recent focus on institutional crypto adoption.