Annual transaction volume for stablecoins has surpassed $30 trillion, highlighting a major shift toward large-scale on-chain settlements. Among stablecoins, USD Coin (USDC) stands out as the preferred choice for institutional investors, accounting for about 55% of the market share. This trend underscores growing trust and reliance on stablecoins for secure, efficient digital transactions in the financial sector. The continued rise in stablecoin activity may drive further innovation and adoption in blockchain-based finance.
The EU's new MiCA regulation ends a transition period on July 1, forcing exchanges to delist stablecoins like Tether's USDT that lack MiCA authorization, affecting about $17.5 billion in EU-circulating USDT. This regulatory shift is driving liquidity...
PancakeSwap has added a new MUSD-USDC stablecoin liquidity pool on the Monad blockchain, increasing its incentivized pools on the platform to 17. This new pool pairs MetaMask's treasury-backed stablecoin mUSD with USDC, offering liquidity providers h...
Solana's price climbed to around $68.50 following Circle's issuance of $500 million USDC on its network, enhancing on-chain dollar liquidity and reinforcing Solana's role in stablecoin transactions. This liquidity boost supports decentralized finance...
USDC remains the primary stablecoin for AI agent payments due to its broad liquidity and integration across major chains like Base and Solana. Ripple's RLUSD is emerging as a competitive alternative, especially on the XRPL network, supported by the X...
Rob Hadick of Dragonfly predicts the stablecoin market will evolve beyond the current USDT and USDC dominance due to increasing competition from banks, fintech companies, and new crypto issuers. This competition will focus on payments, compliance, an...
