Stablecoins

Stablecoins

Stablecoins are an important infrastructure in the crypto market, which are ubiquitous and widely used. This special topic will provide insights into the evolution of the stablecoin market, the battle over technical routes, and policy games.

53 articles
What did smart money see in BlackRock and Visa's high-stakes stablecoin gamble?
The stablecoin market is projected to surpass $317 billion in 2026, with USDC growing faster than USDT, and Visa launching USDC settlement. Giants like BlackRock are entering the on-chain fund market, and tokenized US Treasury bonds are experiencing explosive growth. Compliance and payment restructuring are becoming increasingly important, accelerating the transformation of the financial system.
白话区块链
Trend Research: Tech and AI companies will accelerate their deployment of stablecoins in 2026, with WLFI and USD1 expected to be the biggest beneficiaries.
“In the future, every company in the world must have a blockchain and AI strategy; otherwise, it will not be able to adapt to the competitive efficiency of new technologies and will not be able to achieve new scaled development.”
Trend Research
Multicoin Capital: Why are we optimistic about stablecoins becoming FinTech 4.0?
The development of fintech can be divided into four stages: from digital distribution to embedded finance, with innovation primarily focused on the interface rather than infrastructure. Stablecoins are ushering in Fintech 4.0, replacing the core functions of traditional banks with open networks, lowering the barriers to entry for startups, and fostering profit models focused on niche markets.
深潮TechFlow
USDT负溢价，持有稳定币还亏钱，我们该如何应对？
总的来说，我认为大家不必过于慌乱，在构建自己的投资组合时，还是要保留一定比例稳定币资产，不过可以通过链上汇率对冲的方式，适当的避免一定的汇兑损失。
马里奥看Web3
DeFi Base + CeFi Entry: Plasma CEO Explains the Infrastructure Fantasy of the "Stablecoin Empire"
Plasma's CEO spoke for the first time since the mainnet launch, sharing his vision for the stablecoin chain. He will share Plasma's thoughts and practices on community incentives, revenue design, competitive landscape, and future product planning.
Yuliya
PANews released the "2025 Global Stablecoin Industry Development Report": US dollar stablecoins occupy 99% of the market, USDC is expected to surpass USDT in 2030
The "2025 Global Stablecoin Industry Development Report" jointly released by PANews and Mobile Payment Network tracks and analyzes the overall situation of the stablecoin industry. Combining on-chain transaction data, policy progress and industry evolution path, it systematically sorts out the six dimensions of development history, market structure, application scenarios, global supervision, development potential and potential risks.
Frank
Dialogue with the founders of Frax Finance and Aave: Although there is competition, it is a positive-sum game, and stablecoins will become the largest asset class on the chain
This article will share the founders of Frax Finance and Aave’s views on the rapid growth of the stablecoin industry, the innovation process of their own projects, and the upcoming regulatory changes.
Yuliya
Financial giants are flocking to issue stablecoins, and the duopoly of Tether and Circle will be broken
Market data shows that stablecoins will process $16 trillion in transactions in 2024, with a total market value climbing to $238 billion.
Yuliya
Stablecoin market changes: USDC market share doubles, newcomer USDe emerges
According to the “State of Stablecoins in 2025” report jointly released by Dune and Artemis, the stablecoin market has seen significant growth in the past year, with accelerated institutional adoption, the rise of decentralized stablecoins, and continued increase in on-chain transaction activity.
Yuliya
解读Curve稳定币：可提高协议收入，减少借贷清算带来的负面影响
Curve的稳定币crvUSD即将推出，稳定费和PegKeeper可能改善Curve收入不足的问题。
蒋海波
稳定币收益策略更新：USDD、Canto、Velodrome、Helio、Wombat
如何用闲置美元资产获得收益，看看本期的稳定币收益策略更新。
蒋海波
美国将祭出稳定币法案，哪些稳定币面临风险？
美国众议院提出稳定币法案草案，认为发行和创建新的“内生抵押稳定币”是非法的。
蒋海波
欧元稳定币解读：规模不足美元稳定币1%，Curve中的流动性较好
盘点规模较大的几种欧元稳定币的发行机制、规模和应用。
蒋海波
USDT暴雷FUD四起，数据详解为什么暴雷的可能性很小
由于 1：1 兑换的承诺，只要资产负债表稍有瑕疵，就会引发挤兑连锁反应，从这点看来，货币市场基金与 Stablecoin 具备高度相似性。
PA荐读
深挖USDT和USDC服务条款：你也许无权赎回自己的稳定币
储备金是衡量稳定币锚定价值的一个重要指标。但是，假如稳定币的法律条款中没有赋予稳定币持有者将自己的链上资产兑换为法定货币的合法权利，这个指标是否还有意义？
Jordan
摘冠“点对点电子现金”后，Tether会再夺魁“数字黄金”吗？
在“币联储”、“点对点电子现金”两个叙事基本站稳脚跟后，Tether能否再斩获“数字黄金”的名号呢？我们拭目以待.
王泽龙
十大稳定币简史
本文摘选自书籍《稳定币经济（Stablecoin Economy）》的其中一个章节，列出了排名前 10 的稳定币，今天就让我们一起来了解下十大稳定币的简史吧！
PA荐读
稳定币总市值突破100亿美元，Tether占稳定币总供应量90%
CoinMetrics的数据显示，截至本周二，所有稳定币的总市值已超过100亿美元，两个月内飙升了70％以上。
xiao
美议员称Libra新版本未从本质上改变其稳定币的证券属性
“关于Facebook为什么需要开发一种加密货币以及它将如何影响全球经济和消费者，有太多问题未解决。我将继续努力，确保SEC监管现行证券法规定的任何此类资产。“
Derek
Tether近一周共计新增印钞3亿枚USDT，比上周增加15.38%
Tether近一周共计新增印钞3亿枚USDT，较上周增加15.38%。
PA一线