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.

87 articles
Stablecoin War: The Three Core Fronts of OUSD Challenging USDC
How 140 companies are reshaping the economic model of stablecoin settlement, and why does Circle still have the strength to fight?
DFG
Circle 股价暴跌 76%，港元稳定币两周内登场
稳定币这条赛道，正在从“谁先拿到牌照”进入“谁能把牌照落地成真实资金流”的阶段。
Conflux
From Open USD, Looking at the Stablecoin War: The Dilemma of Fragmentation, and the Next Generation 'Dollar Account'
When issuing dollars is no longer profitable, who does the power of the dollar belong to?
Bitget Wallet
Stablecoin 'Co-op' Arrives: Open USD Launches, Circle Welcomes Competition
140 giants jointly issue a coin, directly hitting Circle's most painful 'profit-sharing' issue.
曼昆区块链
Standard Chartered takes over USDC gateway, Circle cedes control for scale
When the relationships between the issuer, banking channels, and compliance licenses are rearranged, whoever is closer to the customer holds the pricing power.
Conflux
The Ambition and Doubts of Open USD: Stablecoins Aren't Made by a Logo Wall
The real impact of Open USD is not issuing a new coin, but challenging the reserve revenue distribution rights that Circle and Tether have enjoyed in the past.
BlockWeeks
OUSD emerges, is Circle's moat still there?
Visa, Stripe, and dozens of other financial giants jointly launched the OUSD stablecoin, causing Circle's stock price to plummet. How much moat is left for USDC? Bulls and bears debate fiercely: Is Circle an overvalued bank feeding on interest rate spreads, or a stablecoin leader mistakenly killed by the market? In-depth analysis of the ten core arguments from both sides.
Biteye
The Rise of Stablecoins in Latin America Is Essentially Not a 'Victory of Crypto Technology'
In places where cash flow depends on regular remittances from overseas relatives, what matters is not crypto. It's: money coming home.
danny
白标稳定币，不只是换个Logo
听说Circle或者Coinbase能给企业“定制”一个稳定币？
曼昆区块链
A complete guide to stablecoin investing: From 3% to 15%, which of the four risk levels do you choose?
A Guide to Steady Returns in the Crypto Market: From extremely low risk to higher risk, breaking down stablecoin investment channels, following institutional fund allocations, and seeking steady profits.
Foresight News
Behind Circle's lackluster Q1 results: Interest income faces a bottleneck, Arc and AI payments fill the gap.
Circle's Q1 revenue fell short of expectations, the Arc ecosystem introduced new variables, ARC Token pre-sold $222 million, and stablecoin USDC continued its strong growth.
SoSo Value
Strip releases 288 updates, fully entering the stablecoin and AI agent economy sectors.
Stripe released 288 product updates, covering smart agent e-commerce, crypto payments, and AI-powered risk control. Stripe partnered with Meta and Google to expand its e-commerce suite, launched the Link agent wallet and stablecoin-linked bank card functionality, upgraded Radar fraud protection, and empowered AI-driven business growth and token asset management.
链捕手 ChainCatcher
a16z Report: 9 Charts to Understand Stablecoins; Asia Now Accounts for 2/3 of the Global Market
Stablecoins are no longer just for cross-border transfers; in Brazil, Asia, and other places, they are becoming local tools for everyday purchases and corporate payroll.
a16z
香港稳定币「鸣枪」：从发牌到生态，真正的长跑才刚刚开始
外界对「香港稳定币不能只有牌照」的批评，并非唱衰，反而是指出了下一阶段真正要补上的功课。
Web3 农民 Frank
Web3 Compliance: Licensing Strategies for Stablecoin Payment Projects at Different Stages
Compliance systems (Posture) cannot be neglected, but licenses (Licenses) can wait.
度刻Fintech
Why didn't the people who "know Web3 best" get the first batch of stablecoin licenses?
With Hong Kong's stablecoins now officially licensed, where is the real money-making opportunity?
曼昆区块链
稳定币监管未定，韩国先把跨境资金拿走了
当各国还在讨论稳定币的监管边界时，韩国已经把问题往前推进了一步：不是怎么管，而是——钱已经在流了，你准备在哪里接？
Conflux
Circle冻结争议背后：美元稳定币的权力边界在哪里？
美元稳定币发行方的权力，到底有多大？边界在哪里？
Conflux
The real target of this "open conspiracy" in Hong Kong has never been stablecoins.
Why were the first batch of stablecoin licenses issued by the Hong Kong Monetary Authority (HKMA) disappointing? This article analyzes the situation from a game theory perspective, revealing its deeper strategy of supporting e-HKD infrastructure and vying for Hong Kong dollar clearing sovereignty, rather than simply developing the commercial stablecoin industry.
度刻Fintech
Hong Kong has issued stablecoin licenses, but after a fierce competition among 36 major players, only 2 have been granted licenses to operate.
Why were traditional banks the first batch of stablecoin licenses granted in Hong Kong?
Techub News