# Stablecoin Articoli collegati

Il Centro Notizie HTX fornisce gli articoli più recenti e le analisi più approfondite su "Stablecoin", coprendo tendenze di mercato, aggiornamenti sui progetti, sviluppi tecnologici e politiche normative nel settore crypto.

Stock Price Halved in 45 Days, Is Circle Actually the "DeFi Barometer"?

Over a 45-day period, Circle's stock price plummeted by approximately 50% to around $63, coinciding with a significant $70 billion decline in the circulation of its USDC stablecoin from its peak. In contrast, Tether's USDT saw a much smaller reduction. Analyst Ed Engel posits that Circle acts as a barometer for DeFi activity, as a high correlation exists between USDC supply and ETH price movements. The vast majority of USDC is concentrated within crypto exchanges and DeFi protocols for yield generation, rather than for widespread daily use in payments or commerce, unlike USDT which has stronger real-world adoption in various regions. The recent contraction in DeFi Total Value Locked (TVL), following security incidents like the Kelp DAO attack, appears to mirror Circle's declining stock performance. While Circle is actively promoting USDC's use as a settlement asset on platforms like Hyperliquid and in institutional payment corridors—where its organic transfer volume surpasses USDT's—these efforts have not sufficiently driven growth in USDC's overall supply. The company's revenue remains heavily tied to DeFi's expansion. For Circle's investment narrative to change, it must either significantly reduce its reliance on the volatile DeFi sector or demonstrably prove that real-world adoption can substantially and sustainably increase USDC circulation. In the near term, market confidence hinges on DeFi addressing its inherent risk-reward imbalances.

marsbit10 h fa

Stock Price Halved in 45 Days, Is Circle Actually the "DeFi Barometer"?

marsbit10 h fa

Hyperliquid: USDH fades to $20mln – Here’s what’s replacing it

Hyperliquid's stablecoin market is showing a significant shift, with liquidity moving away from its native USDH and concentrating heavily around USD Coin (USDC). USDH holdings have sharply declined to only $20 million, while USDC now dominates the pool with $5.74 billion of the total $5.96 billion. This reflects a trader preference for deeper liquidity and established assets. To facilitate the transition, Hyperliquid Foundation has issued roughly $10 million in grants, and users can swap USDH for USDC via migration paths. Despite the stablecoin migration, protocol activity remains strong. Daily Active Addresses and Daily Transactions are sustained at high levels, and Perpetual Trading Volume stays near $2.8 billion, reinforcing Hyperliquid's position in on-chain derivatives. This activity generates substantial Annualized Fee Revenue, which increasingly flows into the HYPE token through staking, fees, and buybacks, shifting its value capture from speculation to recurring ecosystem fees. The continued growth of USDC liquidity and trading activity is seen as crucial for strengthening HYPE's long-term utility, while USDH would require significant utility improvements to regain market share.

ambcrypto11 h fa

Hyperliquid: USDH fades to $20mln – Here’s what’s replacing it

ambcrypto11 h fa

Circle's Stock Price Halved in 45 Days, Is Circle Actually the "DeFi Barometer"?

In 45 days, Circle's stock price has been halved, dropping to around $63, with its stablecoin USDC's circulation falling by approximately $70 billion from its peak to 73.6 billion. In contrast, USDT's circulation saw a much smaller decline. This aligns with analyst Ed Engel's view that Circle acts as a barometer for DeFi activity, as 75% of USDC circulates within crypto exchanges and DeFi protocols rather than everyday payments. Data shows high concentration of USDC holdings in DeFi contracts and addresses, unlike USDT which has broader real-world use cases. The decline in Circle's stock and USDC circulation appears correlated with a drop in DeFi's Total Value Locked (TVL) following security incidents like the Kelp DAO attack. To boost adoption, Circle has partnered with platforms like Hyperliquid, offering incentives to make USDC a settlement asset. While USDC sees significant institutional use for compliant transfers, its growth in circulation remains heavily tied to DeFi activity. For Circle's prospects to improve, it must either reduce its reliance on the volatile DeFi sector or demonstrate that real-world usage can substantially drive USDC issuance growth.

Foresight News13 h fa

Circle's Stock Price Halved in 45 Days, Is Circle Actually the "DeFi Barometer"?

Foresight News13 h fa

Ripple Partners With SBI Holdings for Japan RLUSD Stablecoin Launch After JFSA Green Light

Ripple, in partnership with SBI VC Trade, is launching the RLUSD stablecoin in Japan after receiving regulatory approval from the Japan Financial Services Agency (JFSA). The JFSA has classified RLUSD as a Type 4 electronic payment instrument under the Payment Services Act. The stablecoin will initially launch on the Ethereum blockchain and will be subject to a transaction limit of ¥1 million. This development is significant as it represents a regulated entry into the Japanese market, occurring at a time when the crypto sector is assessing whether price movements are driven by genuine adoption and regulatory progress or by speculation. The market's subsequent reaction and follow-up data, such as on-chain activity and exchange listings, will be key to determining if this launch translates into sustained impact or remains a short-term narrative. The story highlights the growing importance of compliance and real-world utility in evaluating altcoin projects.

bitcoinistIeri 01:50

Ripple Partners With SBI Holdings for Japan RLUSD Stablecoin Launch After JFSA Green Light

bitcoinistIeri 01:50

Will the CLARITY Act miss out on approval? ‘The window continues to narrow each day’

Galaxy Research has downgraded the odds of the CLARITY Act passing to 50/50 (neutral), citing a narrowing legislative window. The bill passed a Senate committee vote in May but faces a crowded Senate calendar, intensified by President Trump's demand to prioritize another bill. Key obstacles remain, including the need to reconcile different Senate committee versions into a final text and resolve contentious issues like stablecoin yields and developer protections (Section 604). With the Senate scheduled for a two-week July recess and an August break starting in early August, there are roughly four weeks for progress. No final bill text or floor vote date has been set, increasing urgency. Advocates warn the opportunity is shrinking daily.

ambcryptoIeri 00:02

Will the CLARITY Act miss out on approval? ‘The window continues to narrow each day’

ambcryptoIeri 00:02

USDT briefly flips Ethereum: A warning sign for the crypto market?

On June 26th, Tether's USDT stablecoin briefly surpassed Ethereum to become the second-largest cryptocurrency by market capitalization. This shift occurred as a sharp, Bitcoin-driven market decline pushed ETH's price down, contracting its market cap to approximately $184.4 billion, slightly below USDT's circulating supply of $186 billion. The event is attributed to extended selling pressure and investor risk-off behavior, where capital is moved into stablecoins like USDT during volatility rather than exiting the crypto market entirely. A broader context reveals a slowdown in stablecoin growth during Q2, with the total stablecoin supply decreasing by about $10 billion from its May peak. Furthermore, USDT's market dominance has risen to 9%, reaching levels last observed during the 2022 bear market bottom, indicating heightened investor caution. Concurrently, the ETH/BTC ratio has declined, signaling a subdued environment for altcoin rallies. While USDT momentarily flipping ETH is not inherently alarming, the concurrent rise in USDT dominance to previous bear market levels serves as a key indicator of persistent risk-averse sentiment in the crypto market.

ambcrypto2 giorni fa 18:02

USDT briefly flips Ethereum: A warning sign for the crypto market?

ambcrypto2 giorni fa 18:02

Internet Capital Markets 2026: The US Structural Shift and the Strategic Window for Asian Institutions

The article outlines the transformative evolution of the crypto industry into a mature, regulated phase, ultimately converging toward an "Internet Capital Markets" (ICM) model. ICM envisions a fully integrated, public blockchain-based system for asset issuance, trading, and settlement, replacing legacy financial infrastructure with atomic, T+0 settlement to eliminate significant hidden costs. The piece positions Solana as a leading technical and institutional foundation for this transition. It details active U.S. institutional adoption across four key areas: banking & capital markets (e.g., J.P. Morgan's commercial paper, State Street's treasury fund), payments & stablecoins (e.g., Western Union, Fiserv), tokenized real-world assets (e.g., Apollo, Figure), and infrastructure diffusion, highlighting network effects. A clear U.S. regulatory progression is noted, including the GENIUS Act and digital commodity classifications, though gaps remain for areas like DEXs and public stock trading. For Asian financial institutions, the article presents a strategic framework categorizing markets as "Executable," "Transitional," or "Exploratory," advising fast-follower strategies to leverage established U.S. infrastructure and regulatory precedents. It concludes that the window for strategic entry is open but its duration is uncertain.

marsbit2 giorni fa 05:45

Internet Capital Markets 2026: The US Structural Shift and the Strategic Window for Asian Institutions

marsbit2 giorni fa 05:45

Ark Invest Buys The Dip In Regulated Crypto Equities During Market Pullback

Ark Invest, led by Cathie Wood, reportedly purchased shares in regulated crypto-linked equities during a recent market pullback. According to ARK's trade notifications cited in a source batch, the firm bought shares of Coinbase, Circle, Bullish, and Robinhood on June 25, 2026, across several of its ETFs. This move provides exposure to different segments of the regulated crypto ecosystem, including exchanges, stablecoin infrastructure, and retail brokerage. The buying activity signals continued institutional interest in public crypto infrastructure despite weak market conditions, aligning with ARK's strategy of accumulating high-conviction innovation names during downturns. It also reflects the growing institutionalization of crypto markets, where public companies now operate across trading, settlement, and stablecoin layers. Key points to watch include whether ARK continues to buy if weakness persists and how these equities perform relative to direct crypto assets like Bitcoin. The story highlights that crypto market exposure now extends beyond spot tokens to include regulated public equities, with market dynamics influenced by a complex mix of macro data, regulation, and company-specific factors.

bitcoinist06/26 19:32

Ark Invest Buys The Dip In Regulated Crypto Equities During Market Pullback

bitcoinist06/26 19:32

XRP’s Q3 prediction: How RLUSD’s liquidity shock can help price shoot up

XRP's Q3 price prediction hinges on RLUSD's significant liquidity concentration on the XRP Ledger (XRPL). Data shows RLUSD supply on XRPL now exceeds $804 million, overtaking Ethereum's share and comprising over 52% of its total supply. This liquidity shift is driven by RLUSD's regulatory approval in Japan and strong on-chain inflows, contrasting with stablecoin outflows on Ethereum. Technical analysis notes a range-bound XRP/ETH ratio, while institutional capital flows also favor XRP, with spot ETF inflows versus Ethereum outflows. This convergence of factors suggests a potential breakout for XRP, with price targets looking toward the $1.5-$2 range in Q3.

ambcrypto06/26 18:02

XRP’s Q3 prediction: How RLUSD’s liquidity shock can help price shoot up

ambcrypto06/26 18:02

StablecoinX begins Nasdaq trading with $275M ENA treasury after SPAC merger

StablecoinX has commenced trading on the Nasdaq Capital Market under the ticker USDE following its completed SPAC merger with TLGY Acquisition Corp. The company, positioning itself as the first publicly listed stablecoin infrastructure firm focused on the Ethena ecosystem, enters the market with a treasury of approximately 3.03 billion ENA tokens valued at around $275 million, representing about 20% of Ethena's total token supply. Beyond holding these tokens, StablecoinX plans to build operational businesses around three core segments: infrastructure services via a decentralized verifier node, middleware software for stablecoin integration, and institutional distribution services for Ethena's stablecoins. The move highlights the growing convergence of public equity markets and crypto infrastructure, amid a global stablecoin market exceeding $300 billion.

ambcrypto06/26 16:28

StablecoinX begins Nasdaq trading with $275M ENA treasury after SPAC merger

ambcrypto06/26 16:28

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