StableCoin

The author points out that the true potential of stablecoins is not simply to replace Visa or Mastercard, but to supplement scenarios within the global financial infrastructure that traditional systems struggle to cover, such as cross-border settlements, on-chain finance, and programmable payments. By analyzing the structure of payment networks alongside the cost, speed, and openness advantages of stablecoins, the article reveals the long-term trend of stablecoins potentially reshaping the financial settlement layer.

Resolv's USR stablecoin experienced a significant security breach, allowing an attacker to mint 80 million uncollateralized tokens and liquidate roughly $25 million, which caused a substantial price depeg. This article offers an in-depth examination of the incident, the attack method, and the inherent risks of DeFi stablecoins.

This article offers an in-depth look at the streamlined 300-employee organization, political lobbying activities, the launch of the new US-based stablecoin USAT, and a $500 billion valuation fundraising round. It explores how stablecoins have shifted from sanction evasion instruments to becoming backers of US government debt.

Tether has introduced the QVAC AI framework, allowing mobile devices to train models with billions of parameters and dramatically reducing the barrier to computational power. This article examines the technical foundations, industry implications, and far-reaching effects on decentralized AI and the computing power market.

The article provides an in-depth analysis of how the GENIUS Act recognizes stablecoins backed by U.S. Treasuries and, through this legislation, helps drive global demand for U.S. government bonds.

The article offers an in-depth examination of how the GENIUS Act leverages legislative approval of stablecoins backed by U.S. Treasury bonds to stimulate international demand for U.S. debt instruments.

The article offers a detailed analysis of each project's tokenomics and mining pool choices, along with precise APR and TVL figures, enabling investors to make well-informed decisions throughout Stablecoin Summer.

The article provides an in-depth discussion of mUSD’s characteristics, including its stability backed by short-term U.S. Treasury securities, its regulatory compliance through issuance via Bridge.xyz, and the effectiveness of the MetaMask user interface in guiding liquidity.

At least four Chinese-backed financial institutions have either withdrawn their applications for Hong Kong stablecoin licenses or put their RWA business initiatives on hold. This signals a shift toward more cautious regulatory oversight. As Chinese-backed institutions cool their activities, the Hong Kong stablecoin and RWA markets are entering a phase of structural adjustment.

Cloudflare, a leading internet infrastructure provider, announced plans to issue a corporate stablecoin called “NET Dollar.” The stablecoin is initially intended for internal payments, aiming to simplify fragmented transactions, facilitate cross-border settlements, and reduce operational friction. This article offers a comprehensive exploration of Cloudflare’s reasons for issuance and the design framework behind NET Dollar. It also examines its potential avenues for future development.

The article analyzes how stablecoins can temporarily ease U.S. fiscal constraints and strengthen the dollar’s dominance, while pointing out that in the long run, their impact depends on the soundness of U.S. fiscal and monetary policies.

Tether has launched a new compliant stablecoin, USAT, fully adhering to the requirements of the GENIUS Act: its reserves consist entirely of cash and short-term U.S. Treasuries, it undergoes independent monthly audits, and it is managed by a U.S.-regulated custodian. The goal of USAT is to provide institutional users with transparency and legitimacy, while retaining the flexibility and widespread adoption that USDT enjoys in global markets.

The article provides a detailed analysis of the complexities of South Korea’s stablecoin legislation, the cautious stance of corporations toward stablecoins, and the characteristics and challenges of the Korean financial market.

This report highlights that as of August 2025, the global stablecoin market capitalization has reached $280 billion, with annual on-chain settlement volumes surpassing $30 trillion. Stablecoins are evolving from mere crypto trading instruments into global financial infrastructure. This explosive growth is driven by regulatory implementation and the entry of major enterprises. The enactment of the GENIUS Act, the Stablecoin Bill, and the MiCA Regulation mark the beginning of a “compliance grand era” for stablecoins. Their model has advanced into a “Peg + Yield + Application” triad, expanding across payments, yield generation, and real-world applications. At the same time, competition has shifted from “token battles” to “infrastructure battles,” with players such as Tether, Circle, Stripe, and Alchemy Pay building proprietary blockchains to capture dominance in payments and settlements.

The article discusses the benefits of using stablecoins for AI agent payments. It also explores key challenges such as regulatory hurdles, technical security risks, and user adoption.