Stablecoins, central bank digital currencies and the new rails of digital cash.
On August 6, 2025, Rumble CEO Chris Pavlovski announced the upcoming launch of the Rumble Wallet, a new tool designed to enable global payments for content creators. This initiative is a result of a collaboration with Tether and MoonPay. The new wallet will integrate Web3 features, allowing users to send tips and payments directly to … Read more
Stablecoins are seeing a massive surge in activity, with monthly on-chain volume reaching a record high of over $1.5 trillion in July. This milestone, reported by on-chain data analytics firm Sentora, marks a continuation of a strong positive trend throughout 2025. The total value locked (TVL) in decentralized finance (DeFi) has also hit a three-year … Read more
Tether’s USDT is now a dominant force in the blockchain ecosystem, responsible for a significant 40% of all transaction fees across nine major networks. This highlights its widespread use not just as a stablecoin, but as the primary “fuel” for global on-chain activity, especially on networks like Tron and BNB Chain. Tether financial influence is … Read more
Coinbase has introduced a new toolset for developers called “CDP Embedded Wallets” to make building Web3 applications easier and more secure. These wallets allow developers to integrate self-custodial wallets into their apps quickly, with familiar login options like email and SMS that mimic the Web2 experience. A key feature of these wallets is the automatic … Read more
Remitly, a global remittance company, is introducing stablecoin functionality to its payment network to improve the speed and efficiency of international money transfers. The company’s plan involves integrating stablecoins into three key areas of its business: value storage, treasury operations, and global payouts. Key Aspects of the Stablecoin Integration Remitly Wallet: A new multi-currency digital … Read more
Coinbase and PayPal are continuing to offer annual returns of 3%-5% on stablecoins, even after the new GENIUS Act was signed into law on July 18, 2025. The companies are defending their programs by categorizing the payouts as non-interest incentives, a strategy that appears to exploit a loophole in the new legislation. The GENIUS Act … Read more
Leading South Korean banks, including Shinhan, Woori, KEB Hana, and KB Kookmin, are moving quickly to enter the cryptocurrency and stablecoin markets. This strategic shift is being driven by a new political environment under President Lee Jae-myung, who is a strong advocate for digital finance innovation. His administration’s pro-crypto policies have encouraged lawmakers to review … Read more
On August 1, 2025, the Hong Kong Legislative Council officially enacted the Stablecoin Regulation, establishing a comprehensive licensing and regulatory framework for stablecoin issuers. This new law mandates that stablecoins must be fully backed by highly liquid fiat reserves, a move designed to ensure financial stability and transparency. Legislative Council member Chiu Tat-kan emphasized that … Read more
The XRP Ledger (XRPL) is emerging as a major platform for stablecoin settlement, especially in developing nations. Recent data from Dune Analytics highlights a surge in activity, particularly with stablecoins pegged to the Brazilian real (BRL) and the U.S. dollar (USD). This increase is being driven by mass adoption and growing competition among tokens on … Read more
Tether Gold (XAUt), a tokenized asset backed by physical gold and issued by the company behind the USDt stablecoin, is experiencing significant growth. According to a recent attestation report, its physical gold reserves have reached 7.66 tons by the end of the second quarter. These reserves support over 259,000 XAUt tokens in circulation, giving the … Read more