StableCoin

The listing of Circle has caused a surge, attracting global financial attention. Stablecoins are no longer the "toys of the crypto community" but potential disruptors of global payment, exchange rates, sovereignty, and asset management systems. This article combines observations from Hayes, central bank attitudes, regulatory trends, and market dynamics to analyze how stablecoins can become digital sovereign bond ETFs, disrupt traditional wealth management logic, and open financial channels for hundreds of millions of global users, revealing the next wave of opportunities in the DeFi and RWA fields. What you think is a victory for Web3 is actually the eve of the evolution of the entire financial civilization.

The article not only explores Tether's dominance in the stablecoin market and its strategies for dealing with the regulatory environment, but also provides a detailed analysis of the background, motivations, and potential impacts of Tether's collaboration with Rumble.

The article analyzes how stablecoins gradually erode the profit margins of the traditional payment industry through low fees and high efficiency on-chain settlements, using detailed data and cases.

The article discusses in detail the scoring criteria and the scores of candidate public chains, revealing the differences between the scoring results and the activity level of the public chain ecosystem and the coin price.

The article reveals four obvious signs of the commercialization of stablecoins by analyzing the layouts of global giants such as Stripe, Shopify, Amazon, and Walmart in the stablecoin field.

The article showcases through detailed cases how different regions and enterprises promote the application and development of stablecoins in their respective market environments. It analyzes the practical applications and potential impacts of stablecoins in areas such as cross-border payments and supply chain finance.

The article provides a detailed introduction to the background, technical details, and future potential of JPMD, analyzing its differences from stablecoins and its positioning in the fields of cryptocurrency and traditional finance.

In June 2025, the U.S. Senate officially passed the GEN Act, establishing a federal regulatory framework for stablecoins, which may propel the U.S. to become a Crypto Assets financial center. The article details the core provisions of the act, the insider dynamics of bipartisan negotiations, and the profound impact on Tether and the stablecoin market.

This in-depth analysis explores why stablecoins have the potential to give rise to the first fintech giant with a trillion-dollar market capitalization. The article reviews the evolution of modern payment systems, pointing out that stablecoins are not merely a supplement to existing payment frameworks but a pivotal technology for reconstructing payment infrastructure. They can eliminate the traditional multi-layered intermediary structures, achieve end-to-end on-chain settlement for payments, enable atomic clearing, and incorporate programmable financial logic—ultimately reshaping the global pathways for financial value circulation.

Ant Group and JD.com enter the stablecoin market, not to challenge USDT, but to experiment with an on-chain Renminbi network in Hong Kong as a financial outpost. This article analyzes the underlying sovereign finance and cross-border settlement layout, revealing how tech companies are probing the future of currency with a commercial logic approach.

The author analyzes the potential of stablecoins as an infrastructure layer, drawing lessons from the era of Banking as a Service (BaaS), and predicts its profound impact on the industry in the next decade.

This report systematically examines the mechanism design and user yield pathways of yield-bearing stablecoins. By analyzing representative projects such as USDe, USDS, and USDY, the report distills the core logic and strategic framework behind stablecoin Alpha in the current market environment, helping investors identify high-quality opportunities with risk-adjusted return potential. It emphasizes that stablecoin Alpha is not simply about high yields, but rather a structured, sustainable, and incentive-driven return system. Yield sources span on-chain arbitrage, off-chain assets, mechanism innovation, and ecosystem incentives. The report also underscores the importance of managing key risks—such as liquidation, liquidity constraints, and protocol security—while pursuing enhanced returns.

The article discusses in detail Tether's Bitcoin reserve strategy, the expansion of its mining business, investments in the ecosystem, and cultural promotion activities, while revealing the conspiracy theories and regulatory risks it has triggered in the market.

Plasma is more than a stablecoin chain—it's a BTC sidechain with native USDT, built-in privacy, and no governance token. A new financial layer for Bitcoin.

The article provides a detailed analysis of the growth trends in the stablecoin market, Ethereum's core position in the stablecoin ecosystem, and how stablecoins can bring new growth opportunities to Ethereum.