# Сопутствующие статьи по теме Stablecoin

Новостной центр HTX предлагает последние статьи и углубленный анализ по "Stablecoin", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Coinbase or Stripe? The Gatekeeper's Deciding Vote

The debate between x402 and MPP protocols is a misdirection; the true battleground lies in which company—Coinbase or Stripe—will partner with Cloudflare to issue the NET Dollar stable币, a decision that will determine the dominant standard for machine payments on the internet. Cloudflare, which handles ~20% of global web traffic, is central to addressing the surge in AI bot requests that have overwhelmed websites (e.g., Wikipedia saw a 50% traffic increase, and DiscoverLife faced near-paralysis from crawlers). Its "Pay to Crawl" system, which uses HTTP 402 responses to charge bots for access, requires a stablecoin for payments. While Cloudflare co-founded the x402 foundation with Coinbase, it hasn’t finalized the issuer for NET Dollar. Stripe’s recent launch of MPP (Machine Payment Protocol)—a competing but compatible standard—intensifies the race. If Coinbase issues NET Dollar, x402 will likely become the default; if Stripe wins, MPP gains immense leverage. Cloudflare’s choice will shape how machines pay for access across the internet, making its partnership decision more critical than technical debates between protocols.

marsbit03/23 10:31

Coinbase or Stripe? The Gatekeeper's Deciding Vote

marsbit03/23 10:31

Stablecoin usage up 600% – Is USDC taking the lead from USDT?

Stablecoin usage on the Ethereum network has grown significantly, with active addresses surging 600% from March 2025 to March 2026, indicating deeper integration beyond speculative trading into payments and cross-border transactions. A notable shift in market preference shows USD Coin (USDC) leading with a $4.5 billion supply increase, while Tether (USDT) experienced a $2 billion contraction, reflecting a move toward perceived regulatory clarity. Despite a slight decline in exchange reserves and net outflows of $485 million, the capital is being parked rather than fully exiting, reducing immediate sell pressure and supporting short-term market stability. Overall, stablecoin liquidity is consolidating rather than expanding, with total supply at $316.45 billion.

ambcrypto03/23 07:20

Stablecoin usage up 600% – Is USDC taking the lead from USDT?

ambcrypto03/23 07:20

The Stablecoin Yield Debate: How It's Stalling U.S. Crypto Regulatory Legislation?

The debate over stablecoin yields has become a central obstacle to U.S. cryptocurrency regulatory legislation, stalling the Senate’s proposed CLARITY Act. The conflict centers on whether dollar-pegged stablecoins should function solely as payment tools or also offer yield-bearing features that compete with traditional bank deposits and money market funds. Banks argue that yield offerings could drain deposits—potentially up to $500 billion by 2028—undermining their lending capacity and harming local economies. They are pushing Congress to explicitly prohibit such returns. In contrast, crypto firms contend that limited incentives could help digital dollars compete with traditional payment systems and drive mainstream adoption. A Congressional Research Service report highlighted legal ambiguities in the earlier GENIUS bill, which banned direct issuer-yield payments but left room for intermediaries to distribute benefits. This regulatory gap has intensified the legislative standoff. With political deadlines tightening ahead of elections, the window for passing the bill is narrow—likely closing by late April or early May. If Congress fails to act, regulators may impose rules independently, such as the OCC’s proposed restrictions on indirect yield mechanisms. The outcome will shape not only the future of stablecoin yields but also broader crypto market structure, including asset classification and regulatory clarity. Failure could delay legal certainty, forcing the industry to rely on organic adoption rather than legislative support.

marsbit03/23 02:07

The Stablecoin Yield Debate: How It's Stalling U.S. Crypto Regulatory Legislation?

marsbit03/23 02:07

Funding Weekly Report | 11 Public Funding Events, Prediction Market Platform Kalshi Completes New Round of Over $1 Billion Funding, Valuation Reaches $22 Billion

Last week (March 16-22) saw 11 blockchain funding rounds totaling over $1.086 billion. Key deals include prediction market platform Kalshi raising over $1 billion at a $22 billion valuation, led by Coatue. In AI x Web3, Gency AI secured $20 million from investors including TikTok to expand its decentralized ad network, while Derivio raised $6 million for its AI-native trading platform. In DeFi, Ironlight Group raised $21 million to expand its compliant tokenized securities infrastructure. Infrastructure player Uniblock raised $5.2 million. In CeFi, stablecoin payment platforms TransFi and Dtcpay raised $19.2 million and $10 million, respectively. Republic also received a strategic investment from Hamilton Lane, bringing its total funding to $202 million.

marsbit03/23 01:21

Funding Weekly Report | 11 Public Funding Events, Prediction Market Platform Kalshi Completes New Round of Over $1 Billion Funding, Valuation Reaches $22 Billion

marsbit03/23 01:21

Senator Cynthia Lummis urges CLARITY Act rush: ‘Let’s get it done, once and for all’

After months of stalemate over stablecoin yield regulations, a breakthrough has been reached on the CLARITY Act. Following intense negotiations in March, the White House and Senators agreed on a compromise: passive rewards for simply holding stablecoins are prohibited, but activity-based rewards for using them in transactions are permitted. Senator Cynthia Lummis urged swift passage, warning that if the Senate Banking Committee doesn't approve the bill by April's end, progress could stall until 2027 due to the upcoming midterm elections. Market sentiment has improved, with prediction markets showing a 10% increase in the act's passage odds. This legislation aims to establish clear crypto regulations, positioning the U.S. as a global digital asset hub.

ambcrypto03/23 00:01

Senator Cynthia Lummis urges CLARITY Act rush: ‘Let’s get it done, once and for all’

ambcrypto03/23 00:01

Turning 200,000 into Nearly 100 Million: DeFi Stablecoin Attacked Again

DeFi stablecoin protocol Resolv Labs was exploited, resulting in a hacker minting 80 million USR tokens using only 200,000 USDC. The attacker’s address (starting with 0x04A2) first created 50 million USR with 100,000 USDC, and later minted another 30 million with an additional 100,000 USDC. This caused USR to depeg, dropping to around $0.25 before partially recovering to approximately $0.80. The incident also impacted related lending markets on Morpho and Lista DAO, which paused new borrowing requests. Additionally, RLP token holders, including Stream Finance—which holds over 13 million RLP tokens—face significant exposure, with estimated losses around $17 million. Initial analysis by DeFi community YAM suggests the exploit occurred because the protocol’s SERVICE_ROLE, which provides minting parameters, was compromised. The system fully trusted this role’s input without on-chain verification or minting limits, allowing the attacker to manipulate the mint amount. The project’s emergency response was also slow, taking nearly three hours to pause the protocol due to multi-signature delays. This attack highlights critical vulnerabilities in off-chain role trust and emergency mechanisms within DeFi protocols.

marsbit03/22 09:47

Turning 200,000 into Nearly 100 Million: DeFi Stablecoin Attacked Again

marsbit03/22 09:47

Inside Ethereum network’s efforts to become settlement layer for all AI activities

Etherean is solidifying its position as the dominant DeFi hub, evidenced by massive and growing stablecoin volumes, including a $7 billion monthly increase. A strategic shift is underway with USDC supply growing 10% to over $52 billion, partly driven by Circle's AI-focused Nanopayments that enable near-free transactions. This growth, combined with entities like BitMine making massive ETH stakes and strategic investments in AI-linked assets, positions Ethereum to potentially become the primary settlement layer for the emerging AI-driven economy.

ambcrypto03/22 04:01

Inside Ethereum network’s efforts to become settlement layer for all AI activities

ambcrypto03/22 04:01

Bitcoin Exchange Reserves Plummet To Lowest Level – Why This May Not Be Bullish

Bitcoin exchange reserves have hit a historic low of 2.72 million BTC, representing only 13.6% of the circulating supply. While this typically signals bullish sentiment as investors move assets to private wallets for long-term holding, a concerning withdrawal of approximately $600 million in stablecoin reserves over 48 hours suggests potential market liquidity issues. This pattern previously preceded significant market downturns. Despite Bitcoin's recent price struggles, including a drop to $60,000, whale wallets holding 100+ BTC have increased by 753 in three months, indicating continued accumulation by large investors. Bitcoin is currently trading around $70,600, with mixed short-term performance but a 5.95% gain over the past month.

bitcoinist03/21 18:32

Bitcoin Exchange Reserves Plummet To Lowest Level – Why This May Not Be Bullish

bitcoinist03/21 18:32

Weekly Token Unlocks: H Unlocks Tokens Worth Tens of Millions of Dollars

This week's major token unlocks feature three projects releasing significant value. SoSoValue, an AI-powered crypto investment research platform, will unlock 13.33 million tokens valued at approximately $5.41 million. Humanity Protocol, an anti-Sybil blockchain network for human identity verification, is set to unlock 110 million tokens worth about $10.01 million. Plasma, a Layer 1 blockchain designed for global stablecoin payments, will unlock 89.17 million tokens valued at around $8.56 million. Combined, these unlocks represent over $24 million in value entering the market.

marsbit03/21 18:24

Weekly Token Unlocks: H Unlocks Tokens Worth Tens of Millions of Dollars

marsbit03/21 18:24

From Tencent and Circle: Looking at the Easy and Hard Questions of Investment

The article contrasts the investment prospects of Tencent and Circle in the AI era, framing the decision as a choice between "easy" and "hard" problems, inspired by Charlie Munger's philosophy. Tencent's stock has declined despite strong earnings, as the market shifted from fearing insufficient AI investment to worrying about excessive spending. The author argues this pessimism is overdone. WeChat's nascent AI agent, Yuanbao, is seen as a prototype for a future, more powerful system-native agent. Crucially, this agent would have system-level permissions to seamlessly interact with the massive Mini Program ecosystem (housing apps like Meituan, Didi, etc.), making it a practical, usable product for billions. The author believes the high-probability success of this inevitable development makes investing in Tencent an "easy" decision that the market is currently overlooking. Conversely, Circle's recent rise is fueled by the AI narrative, specifically the belief that AI agents will require blockchain-based stablecoins for settlement, with USDC as the leading compliant option. The author deconstructs this bullish thesis, identifying high uncertainties in its core assumptions: whether AI transactions will *necessarily* use stablecoins (vs. other protocols like Google's UCP), USDC's ability to maintain its lead against competitors like Tether or PayPal, and whether stablecoins even possess strong network effects in an agent-dominated world where cost and friction are paramount. The compounding uncertainty makes investing in Circle a "hard" problem, riskier than market sentiment suggests. In summary, the author posits that Tencent presents a clear, high-probability opportunity (easy), while Circle's future is built on a chain of speculative assumptions (hard).

marsbit03/21 11:20

From Tencent and Circle: Looking at the Easy and Hard Questions of Investment