At the Vault Summit in Singapore, Matt Enslin from Circle emphasized that stablecoins cannot scale simply by being issued. He highlighted Morpho Vaults as an example of how onchain assets can be actively utilized to increase stablecoin adoption and value. This suggests that the future growth of stablecoins depends on practical applications that put these digital assets to work, rather than just increasing their supply.
The discussion on stablecoins by Circle’s Matt Enslin is presented here with Pluang's cryptocurrency market data as context. For readers following major cryptocurrencies, as of Oct 16, 2026 06:51 WIB, 25 out of 50 major cryptocurrencies rose while 24 fell. Litecoin (LTC) showed a 1-day increase of 2.24% at Rp1.088.008 with a balanced Pluang order activity of 50% Sell and 50% Buy, contrasting with Compound (COMP) which fell 2.18% to Rp398.561 and had a higher sell activity at 55%. Algorand (ALGO) rose 2.08% to Rp2.111, with a notable 68% buy activity and the longest typical hold time of 130 days among the three.
Hansae Mobility inaugurated a new automotive parts factory in Fergana, Uzbekistan, expanding its global manufacturing network. The Turan plant will supply brake and steering components for over 310,000 vehicles annually, enhancing local production an...
Hansae Mobility inaugurated its Turan plant in Fergana, Uzbekistan, marking a strategic move to enhance local manufacturing and supply for global automakers. The facility will produce braking and steering components for over 310,000 vehicles annually...
Hansae Mobility inaugurated its new Turan factory in Fergana, Uzbekistan, expanding its global manufacturing footprint. This facility will produce brake components and steering parts for over 310,000 vehicles annually, enhancing supply responsiveness...
Cross River Bank has partnered with Ripple to integrate RLUSD, Ripple's U.S. dollar-backed stablecoin, into its Core Operating System, enabling transactions on the XRP Ledger. This integration allows fintechs to move between dollars and RLUSD and acc...
Tesla revealed its redesigned second-generation Roadster featuring SpaceX thrusters that enable extreme maneuvers like flips and hovering. CEO Elon Musk demonstrated the car performing stunts using compressed air thrusters and announced production wi...
