Stablecoin

Circle’s USDC is surpassing Tether in stablecoin volume, according to new data from Visa. The data indicates a shift in market share between the two stablecoins.

Stablecoin transaction volume reached a record $1.79 trillion in June. Crypto researcher Nick Ruck noted that stablecoins are maturing and likely to expand further as the market evolves.

Crédit Agricole’s CACEIS has launched a euro-pegged stablecoin named EURXT on the Ethereum blockchain. The initial issuance includes 20.02 million tokens, aimed at facilitating institutional flows and providing access to tokenized funds.

Taiwan’s legislative branch has passed the nation’s first crypto and stablecoin regulations, which aim to integrate the country with the global crypto market.

The UK is set to reduce capital buffers for stablecoins, a move that would be less stringent than the requirements under the EU's MiCA (Market in Crypto-Assets) regulatory framework.

Emerging markets drive most real-world stablecoin usage, but founder concentration and venture funding remain focused in the U.S. and Europe. The article highlights a mismatch between stablecoin adoption in developing regions and the geographic origins of its creators and investors.

The Bank of England has relaxed stablecoin regulations by replacing individual holding caps with a £40 billion per-coin issuance limit. Issuers are now permitted to hold more reserves in government debt under the new framework.

The Bank of England has relaxed its strict stablecoin holding limits and introduced a $50 billion issuance cap. This regulatory adjustment reflects a shift in approach to managing stablecoin-related risks.

The Bank of England is proposing regulations that remove restrictions on stablecoin holdings for individuals and companies, while introducing a £40bn limit for issuers.

U.S. agencies are proposing stablecoin customer identification rules similar to those required for banks under the new GENIUS Act. The regulation aims to align stablecoin compliance with existing banking standards.

Altcoin selling exceeded $266 billion as capital shifted away from cryptocurrencies. Altcoin spot demand reached its lowest level in six years, with stablecoins, stocks, and the AI industry attracting investor attention instead.

The IMF has warned that increasing use of stablecoins in Nigeria could reduce demand for the Naira. Nigeria remains one of the world's largest cryptocurrency markets.

The International Monetary Fund (IMF) warns that the widespread adoption of stablecoins in Nigeria amplifies risks, and efforts to restrict their use are likely to be only partially effective.

Netomi CEO claims the $5 trillion AI customer experience market could increase stablecoin demand.

TRM Labs reported that onchain gambling reached $51 billion in 2025, driven by repeat users and stablecoin flows, maintaining resilience despite a broader crypto market decline. The sector generated $14 billion in a single quarter during the downturn.

The New York Department of Financial Services (NYDFS) has proposed a stablecoin rule aligned with the federal GENIUS Act, introducing reserve concentration caps and mandatory risk management programs.

Japan's largest banks, MUFG Bank, Mizuho Bank, and SMBC, have formed a council to develop frameworks for jointly issuing a stablecoin in fiscal year 2026. The stablecoin is projected to launch by March 2027.

Japan's three largest banks plan to jointly issue a stablecoin by March. The initiative involves collaboration among the country's top financial institutions.

Visa's CFO Chris Suh downplays the significance of stablecoin and agentic commerce to the company's short-term growth, attributing recent revenue gains to traditional fiat transactions. While Visa has expanded stablecoin-linked card programs and tested AI-driven payments, only $7 billion of its $14 trillion annual settlements involve cryptocurrencies. CEO Ryan McInerney and Asia-Pacific head Stephen Karpin express more optimism about these innovations, highlighting potential in emerging markets and Web3.

Zodia Custody secured a Luxembourg payment licence from the CSSF, enabling regulated stablecoin custody and transfers across the EU.

A banks' survey indicates that people are hesitant to take risks with stablecoin yields that could disrupt lending. The findings suggest caution around potential financial instability from stablecoin-related lending practices.

The Movement blockchain network has expanded its stablecoin payment initiatives by securing access to payment infrastructure in the US, Canada, and the EU, focusing on stablecoin settlement and remittances.

MoneyGram has launched a stablecoin on the Stellar blockchain network, aligning with the growing trend of digital dollar payments.

Block, the parent company of Cash App, has initiated a phased rollout of its stablecoin feature to its nearly 60 million users. The move aims to expand access to cryptocurrency services through a structured implementation process.

Mastercard has obtained the New York BitLicense, a regulatory approval enabling virtual currency activities. This move supports the company's efforts in developing stablecoin and digital payment infrastructure.

ADI Chain, a UAE-linked blockchain network, has integrated with Ledger's self-custody platform, enabling ADI token holders to manage their assets. The move coincides with ADI Chain's expansion of its stablecoin and tokenized asset ecosystem.

UAE-backed DDSC stablecoin has successfully processed a $30 million institutional transaction using ADI Chain, a layer-2 blockchain platform. The transaction demonstrates the growing adoption of blockchain technology for institutional payments and treasury operations.

The article discusses stablecoin yield strategies and their reliability in relation to health factors. It was submitted by a user looking for a way to stay on top of health factors without constant screen time. The discussion is open for comments.

Non-dollar stablecoins are having trouble gaining market share, currently holding less than 0.5% of the market. This indicates a struggle for these alternative stablecoins to gain traction. The low market share suggests a dominance of dollar-based stablecoins.

The Bank of England is considering reforms to support tokenized markets and stablecoins, aiming to keep digital money trusted and interoperable. This could lead to near-24/7 settlement and reduced costs. The goal is to boost competition in the market.

KB Financial, the parent company of South Korea's largest bank, has completed a stablecoin payment pilot for offline payments ahead of the country's proposed digital asset framework. The pilot is a significant step towards implementing digital assets in the country. This development may pave the way for further adoption of digital payments in South Korea.

The future of stablecoin development in DeFi is advancing with cross-chain liquidity and decentralized collateral models. Stablecoins have become a central part of the DeFi ecosystem, with some considering them crypto's biggest success story. However, concerns about centralization and regulation exist.

The article discusses the concept of defi and its relation to finance being zero sum without stablecoin treasury yield. It was submitted by user /u/flersion. The topic is related to financial systems and their implications.

Stablecoin advocates believe that limiting rewards is a losing battle as companies will find ways to incentivize users, arguing that incentives are inevitable under the Clarity Act. Stablecoin backers think that companies will always find creative ways to skin the cat. This means that trying to limit rewards may not be effective in the long run.

GSR's legal chief Joshua Riezman believes the Clarity Act has below 50% odds of passing this Senate session due to stablecoin yield and ethics concerns. The act's passage is uncertain. GSR is expressing caution about its prospects.

Banks helped write the CLARITY Act's stablecoin rule but are now trying to kill it, indicating a potential conflict of interest. The act's stablecoin rule was influenced by banks, which could impact its implementation. Banks' involvement in writing the rule may have unintended consequences.

The updated Senate Banking Committee bill addresses stablecoin rewards and DeFi, while avoiding Trump's crypto conflicts of interest. The bill aims to protect software developers and provides a fix to ongoing discussions around stablecoin rewards. The legislative text has been updated to tackle these issues.

Corpay has partnered with BVNK to integrate stablecoin wallets for its 800,000 corporate clients. This partnership aims to provide a new payment solution. The integration will enable Corpay's clients to utilize stablecoin wallets.

Banking groups are increasing their efforts to influence the outcome of a Senate vote regarding stablecoin yield. The fight is escalating as the vote approaches, with different groups pushing for their preferred outcomes. This vote has significant implications for the banking and financial industries.

The American Bankers Association CEO, Rob Nichols, is pushing for tightened limits on stablecoin rewards in a letter to bank executives before a Senate committee vote on crypto legislation. The vote is a key moment in the regulation of cryptocurrency. The ABA's efforts aim to influence the upcoming decision.