Tag: Stablecoin

Fintechs And Neobanks Drive The Next Era Of Stablecoin Adoption

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Opinion by: Morgan Krupetsky, vice president of Onchain Finance at Ava Labs On the heels of the GENIUS Act’s passing, the next era of stablecoin usage is being driven by a growing cohort of fintechs and neobanks — integrating stablecoins into their product and service offerings, going where traditional systems have found it economically or operationally infeasible to do so, and, as such, growing their competitive edge.  These challenger systems are providing a direct way for people and businesses to more readily access and store stable value in mobile wallets;…

MiCA Won’t Save Us from a Stablecoin Crisis. It Might be Building One

Europe’s landmark crypto regulation, MiCA, was meant to end the “Wild West” era of stablecoins. Proof-of-reserves, capital rules, redemption requirements: on paper, the framework looks reassuring. Yet, in practice, MICA does little to prevent the kind of systemic risks that could emerge once stablecoins become part of the global financial ecosystem. The irony is striking: a regulation meant to contain risk may, in fact, be legitimizing and embedding it. The contagion problem: when DeFi meets TradFi For years, stablecoins lived in the dark corner of finance: a crypto convenience for…

Stablecoin Usage Patterns Reveal East-West Divide in Blockchain Adoption

A recent study by Electric Capital reveals that while stablecoin usage is global, the Americas lead in stablecoin activity compared to more populous regions. Wallet Size and User Activity Patterns According to the latest study by Electric Capital, stablecoin usage is global, but the Americas generate more stablecoin activity than even more populous regions. The […] Source CryptoX Portal

Argentine Exchange Ripio Launches Digital Peso as Part of Latam’s Stablecoin Rollout

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Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin […] Source

RLUSD Debuts on Bitpanda, Expanding Ripple’s Stablecoin Reach

Ripple’s RLUSD stablecoin gains powerful momentum as Bitpanda adds the dollar-backed token, expanding its global reach and reinforcing Ripple’s growing dominance in cross-border payments through transparent, compliant, and highly interoperable blockchain infrastructure. Ripple’s RLUSD Added to Bitpanda, Strengthening Ripple’s Stablecoin Network Growing interest in stablecoins continues to reshape the digital payments landscape as major exchanges […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Wall Street and Corporates Accelerate Stablecoin Adoption

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The race to develop stablecoin infrastructure is heating up across Wall Street and corporate America. Citigroup is moving ahead with plans to expand its stablecoin payment capabilities, amid growing speculation that major financial institutions are exploring stablecoin initiatives following the passage of the US GENIUS Act — comprehensive legislation expected to take effect in early 2027. The momentum extends beyond banks. Western Union announced plans to build a stablecoin payment network on Solana, underscoring how traditional payment providers are embracing blockchain for faster and cheaper cross-border transactions. Meanwhile, the Bitcoin…

Solana Sees Stablecoin Supply Surge as SOL ETF Inflows Cross $150M

Key Notes Bitwise’s BSOL dominates early Solana ETF adoption with $152.5 million in assets, representing 98% of total product inflows since launch. Solana blockchain captured $152 million in daily stablecoin supply growth, outpacing Ethereum’s $140 million and signaling robust liquidity expansion. Grayscale projects Solana ETFs could absorb 5% of total token supply within two years, implying $5 billion in holdings at current valuations. Solana SOL $187.1 24h volatility: 3.5% Market cap: $102.72 B Vol. 24h: $6.67 B price rebounded 2% to $190 on Friday, October 31, buoyed by improved sentiment…

Stablecoin Market Exceeds $280B

Key Notes Monthly active addresses reached 33.71 million by late October, with transfer volume hitting $4.65 trillion in the same period. Tether, Circle, Stripe, and Alchemy Pay are building proprietary blockchains to control payment settlement networks. Regional stablecoins backed by euros, yen, and other currencies are projected to capture 15-20% market share by 2030. Alchemy Pay and Gate Research released a comprehensive report on Oct. 31 detailing the stablecoin market’s evolution into what researchers call an “infrastructure competition” phase.  The report documented market capitalization exceeding $280 billion as of August…

Stablecoin Complex User Experience Holding Back Mass Adoption: ZachXBT

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The number of different stablecoin tickers and token standards is fragmenting liquidity across the crypto ecosystem and burdening users with a poor experience that is costly, technical,and time-consuming, according to onchain sleuth ZachXBT. Cross-chain bridging restrictions, gas and transaction fees that must be paid in the native token of the blockchain being used, and a lack of universal token support across exchanges are all obstacles users face in transferring stablecoins across the crypto ecosystem, ZachXBT said. He gave the following example: “Imagine you receive USDPT to your Solana address but…