In 2025, the total stablecoin supply surpassed $300 billion, with Tether's USDT commanding about 58% of the market, nearing $190 billion in supply. Despite a $100 billion increase in stablecoin supply, new bank-issued and GENIUS Act-compliant stablecoins have struggled to gain traction against established players like USDT and Circle's USDC. The GENIUS Act aimed to level the playing field for traditional financial institutions, but trust and liquidity advantages keep USDT dominant. This suggests the stablecoin market is solidifying into an oligopoly, with USDT and USDC controlling most of the supply, reflecting strong investor confidence and ongoing growth in digital asset trading.
The top stablecoin issuer has submitted seven trademark applications in South Korea covering corporate branding and its gold-backed stablecoin, signaling plans to establish local operations. This move aligns with anticipated regulatory requirements t...
KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...
Tether has invested in LemFi to integrate USDT stablecoin into cross-border payment corridors linking Africa and Asia with Western countries. This partnership aims to replace slow, costly SWIFT settlements with near-instant stablecoin transfers, impr...
The Prime Trust Litigation Trust filed a 94-page lawsuit against Swan Bitcoin seeking to recover about $970 million in assets allegedly withdrawn before Prime Trust's bankruptcy. The complaint claims Swan Bitcoin received insider tips about Prime's f...
Tether has invested in LemFi to deploy USDT stablecoin infrastructure across African and Asian remittance corridors, targeting diaspora communities sending money from developed countries. This partnership aims to improve cross-border payment speed an...
