Recent data from Dune Analytics shows stablecoins USDT and USDC are specializing rather than competing directly. USDT dominates stablecoin payments with $95 billion in transactions, mainly through the Tron network, serving as a key tool for international trade and emerging markets. Meanwhile, USDC leads in decentralized finance (DeFi), with massive transaction volumes on Ethereum and Base networks, reflecting its role in liquidity and smart contract ecosystems. This market segmentation marks a maturation of stablecoins, with regulatory challenges ahead as lawmakers work to define frameworks for different stablecoin uses.
Anchorage Digital has chosen LayerZero as its preferred interoperability layer for stablecoins issued through its federally chartered bank, emphasizing the importance of regulated stablecoins for mass adoption by banks, payment firms, and corporate t...
European central banks, including the ECB, want to remove MiCA's rule requiring stablecoin issuers to hold large bank deposits, citing risks if many customers withdraw funds simultaneously. This aligns with past concerns raised by Tether's CEO about ...
Tether's CEO Paolo Ardoino revealed the company refused to seek EU MiCA authorization because the regulation requires major stablecoin issuers to hold at least 60% of their reserves in commercial bank deposits. Ardoino argues this concentration incre...
The European Central Bank and EU national central banks recommend changing MiCA's fixed 30% and 60% bank deposit reserve requirements for stablecoins to liquidity-based rules focused on asset maturity. They warn that current rules could cause stress ...
Anchorage Digital has chosen LayerZero as its preferred partner to provide interoperability for stablecoins issued through its federally chartered bank. The first token to use LayerZero's Omnichain Fungible Token (OFT) standard is Tether's USAT, enab...
