# Сопутствующие статьи по теме Stablecoins

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

Can Solana’s $1B RWA ATH shift institutional crypto adoption?

Solana's Real-World Asset (RWA) ecosystem has reached a significant milestone by surpassing $1 billion in Total Value Locked (TVL), marking an all-time high and a major inflection point for the network. This growth, which accelerated rapidly from mid-2024 through late 2025, reflects strong institutional capital deployment rather than organic retail activity. The surge in RWA adoption has boosted stablecoin usage and settlement activity, reinforcing Solana’s role as a low-cost, high-speed institutional rail. With its ability to process 900–5,000 TPS and offer sub-$0.001 fees, Solana holds a competitive edge over slower and more expensive networks like Ethereum. The expansion of stablecoin payment volumes—growing over 137% year-over-year—further confirms the network's vital role in supporting scalable on-chain economic activity, including crypto card spending and B2B transactions. This growth positions Solana for sustained institutional adoption beyond the current market cycle.

ambcrypto01/16 17:02

Can Solana’s $1B RWA ATH shift institutional crypto adoption?

ambcrypto01/16 17:02

Coingecko 2025 Annual Crypto Industry Report: Total Market Cap Plummets, What's Still Rising?

Based on CoinGecko's 2025 Annual Crypto Industry Report, the cryptocurrency market experienced a significant downturn, with the total market capitalization falling 10.4% year-over-year to $3 trillion. This marked the first annual decline since 2022, driven by a 23.7% crash in Q4 following a historic $19 billion liquidation event. Despite the price drop, key areas demonstrated robust growth. The stablecoin market surged 48.9% to a record $311 billion. Institutional adoption deepened, with Digital Asset Treasury Companies (DATCos) deploying at least $49.7 billion and acquiring over 5% of the total Bitcoin and Ethereum supply. Trading activity remained strong. Perpetual contracts volume on centralized exchanges hit a record $86.2 trillion (up 47.4%), while decentralized exchanges saw even more explosive growth of 346% to $6.7 trillion. Prediction markets also boomed, with volume surging 302.7% to $63.5 billion. The report highlights a decoupling from traditional assets, as gold soared 62.6% while Bitcoin fell 6.4%. The data indicates that despite the price correction, critical market infrastructure and utility continued to expand significantly.

marsbit01/16 11:36

Coingecko 2025 Annual Crypto Industry Report: Total Market Cap Plummets, What's Still Rising?

marsbit01/16 11:36

Encrypted 'Fat Protocols': Key Players in 10 Core Profit Areas

This article, originally titled "Fat Protocols: Key Players in 10 Core Profitability Areas," argues that the original "fat protocol" thesis, where value disproportionately accrues to the base blockchain layer, is outdated. By 2026, value will instead flow to "control points"—entities that capture fees regardless of which chain or application wins. These include interfaces controlling user intent, trading venues internalizing liquidity, issuers with strong balance sheets, and protocols tokenizing inefficient assets. The summary ranks the top 10 "fat" layers based on revenue, users, ARPU, and market dominance: 1. **Fat Wallets (e.g., Phantom):** Dominant on the intent layer, evolving into active financial venues with significant revenue from swaps and perpetual trading. 2. **Fat Blockchains (e.g., Ethereum):** Remains the core settlement layer for high-value transactions and MEV, with strong defensive moats. 3. **Fat Perp DEX (e.g., Hyperliquid):** The most profitable trading format, with Hyperliquid monopolizing the market by integrating liquidity and execution on a dedicated chain. 4. **Fat Lending (e.g., Aave):** The leading DeFi lending platform, characterized by scale, resilience, and steady institutional capital. 5. **Fat RWA Protocols (e.g., BlackRock BUIDL):** Growth is driven by scale and trust, bridging TradFi and on-chain finance with tokenized assets like U.S. Treasuries. 6. **Fat LRT/Restaking (e.g., EigenLayer):** Profits by renting Ethereum's security to Active Validation Services (AVS) and expanding into off-chain compute. 7. **Fat Aggregators (e.g., Jupiter):** Capture value by controlling routing, pricing, and execution quality on DEX trades. 8. **Fat Stablecoin Issuers (e.g., Tether):** Extremely profitable by earning yield on treasury holdings backing the stablecoin supply. 9. **Fat Prediction Markets (e.g., Polymarket):** Profit from attention and event-driven trading, creating a highly profitable layer with strong narrative power. 10. **Fat MEV (e.g., Flashbots):** MEV is an invisible tax on block space, with entities like Flashbots institutionalizing its extraction and redistribution. The key takeaway is that value accumulation has shifted from the base protocol to specific, high-control business models and infrastructure layers across the crypto ecosystem.

marsbit01/16 09:45

Encrypted 'Fat Protocols': Key Players in 10 Core Profit Areas

marsbit01/16 09:45

US Crypto Policy Debate Intensifies as CLARITY Act Support Fractures

Washington's efforts to regulate the crypto market face new uncertainty as the CLARITY Act, a key legislative proposal, encounters significant setbacks. Coinbase withdrew its support, citing concerns over restrictions on tokenized equities, crypto rewards, and expanded government data access. This prompted a pause in the Senate Banking Committee's progress on the bill, though the White House reaffirmed its backing. The debate centers on whether the SEC or CFTC should have primary oversight, with exchanges favoring the CFTC's commodity-based approach. Industry leaders are divided, with some supporting the bill as a necessary step forward despite its flaws, while others warn it could stifle innovation. Stablecoin regulation and consumer protection remain contentious issues.

bitcoinist01/16 04:10

US Crypto Policy Debate Intensifies as CLARITY Act Support Fractures

bitcoinist01/16 04:10

Crypto card payments overtake P2P stablecoin transfers: Artemis report

According to a blockchain analytics report by Artemis, crypto card payments have surpassed peer-to-peer (P2P) stablecoin transfers as the primary driver of on-chain stablecoin activity. The data shows that crypto card payments now operate at a monthly run rate exceeding $15 billion, compared to approximately $11 billion for P2P transfers. This shift indicates that stablecoins are increasingly being used through traditional card networks rather than through direct on-chain transactions. Visa dominates this segment, accounting for over 80% of the tracked volume, while Mastercard holds a smaller but growing share. The growth is attributed to expanding merchant acceptance and integration with existing payment infrastructure, allowing users to spend stablecoins without requiring merchants to directly accept crypto. Although P2P transfers remain important for remittances and cross-border settlements, their growth has been slower. The report highlights a structural evolution in stablecoin usage—from infrastructure-led to interface-led adoption—where cards act as the primary user-facing access point, embedding crypto liquidity into global commerce and driving mainstream adoption.

ambcrypto01/15 23:57

Crypto card payments overtake P2P stablecoin transfers: Artemis report

ambcrypto01/15 23:57

Crypto Regulation Rift Widens As Republicans Reject Market Structure Bill

A planned Senate Banking Committee markup of a crypto market structure bill has been postponed following Coinbase CEO Brian Armstrong's withdrawal of support. Republicans, led by Sen. Tim Scott, have raised significant concerns, arguing the bill may overreach and stifle innovation rather than protect investors. Key objections focus on provisions that could effectively ban tokenized equities, restrict DeFi, and grant broad government oversight. Despite the political standoff, cryptocurrency prices, including Bitcoin, remained stable. Industry representatives have threatened to withdraw support unless the bill is amended to foster innovation. Bipartisan negotiations continue behind closed doors with no set timeline for a Senate vote.

bitcoinist01/15 21:32

Crypto Regulation Rift Widens As Republicans Reject Market Structure Bill

bitcoinist01/15 21:32

Crypto Market Structure Bill Paused: Senate Banking Cancels Markup

The Senate Banking Committee has postponed the markup of a crypto market structure bill following opposition from Coinbase CEO Brian Armstrong, who argued the current draft is "materially worse than the status quo" and would effectively ban tokenized equities, restrict DeFi, and stifle innovation. Committee Chairman Tim Scott described the delay as a tactical pause to continue bipartisan negotiations, emphasizing the goal of establishing clear rules to protect consumers and national security. The move has split the crypto industry, with firms like a16z, Circle, and Ripple expressing support for the legislative effort, while others, including Bitwise Asset Management, sided with Coinbase's stance that "no bill is better than a bad bill." Despite the setback, key figures like Galaxy Digital's Mike Novogratz remain optimistic about a eventual compromise, noting ongoing good-faith discussions among lawmakers. The total crypto market cap was $3.22 trillion at the time of reporting.

bitcoinist01/15 16:02

Crypto Market Structure Bill Paused: Senate Banking Cancels Markup

bitcoinist01/15 16:02

Visa Revelation: The 50-Year Cycle of Stablecoin 'Fragmentation Dilemma'

In the 1960s, the credit card industry was fragmented networks with limited interoperability. Visa succeeded not just through technology, but by creating a cooperative structure that unified banks under a shared network, aligning incentives, distributing ownership, and enabling compound network effects. It operated as a neutral third party, granted members profit shares and governance rights, and enforced exclusivity to consolidate growth. Today, stablecoins face a similar fragmentation issue, with over 300 stablecoins listed on Defillama, each confined to its own ecosystem, limiting network effects and liquidity. Services like Anchorage Digital and Ethena enable new issuers to create stablecoins, but this exacerbates fragmentation rather than solving it. The solution lies in adopting a Visa-like model: a neutral, cooperative structure where issuers and protocols unite under a single stablecoin standard. Members would share reserve yields and participate in governance, fostering widespread adoption and retaining value within the network instead of fragmenting liquidity. This approach could drive the mainstream integration stablecoins need.

marsbit01/15 14:45

Visa Revelation: The 50-Year Cycle of Stablecoin 'Fragmentation Dilemma'

marsbit01/15 14:45

Ethereum New Addresses Hit Record Levels: What’s Driving The Growth?

On-chain data reveals that Ethereum's Network Growth, which tracks the number of new addresses conducting their first transaction, has surged to a record high. An average of 327,100 new addresses were created daily over the past week, with a single-day peak of 393,600 on Sunday. This spike in adoption has also pushed the total number of non-empty addresses to an all-time high of 172.97 million. Key drivers include the Fusaka upgrade in December, which improved data handling and reduced layer-2 fees, record stablecoin transaction volume of $8 trillion in Q4 2025, and improved trader sentiment at the start of the year. Concurrently, Ethereum's price rose over 5% to around $3,340.

bitcoinist01/15 14:02

Ethereum New Addresses Hit Record Levels: What’s Driving The Growth?

bitcoinist01/15 14:02

A Crypto Market Structure Bill That Offends Everyone

The U.S. "Digital Asset Market Clarity Act" (CLARITY Act), intended to provide regulatory clarity for the crypto industry, has faced delays in the Senate Banking Committee after strong opposition from Coinbase. The bill, which was initially expected to pass by the end of 2025, is now been postponed with no clear timeline. The proposed legislation introduces strict rules that have disappointed many industry participants. It classifies assets into categories: native tokens like ETH and SOL are "network tokens" (not securities but subject to disclosure), while DApp tokens are "ancillary assets" (treated as investment contracts with exemptions but transfer restrictions). Many NFTs, including popular collections like Pudgy Penguins, would be deemed securities. Key provisions include mandatory disclosures for projects until they are certified as "decentralized" by the SEC, limits on token transfers by insiders, and stringent rules for token offerings—requiring third-party custody for exempt offerings and full SEC compliance for larger raises. DeFi protocols face potential registration and AML requirements unless fully decentralized, and banks are allowed to engage in digital asset activities but with restrictions on stablecoin interest payments. Critics, including Coinbase’s Brian Armstrong, argue the bill expands SEC power, threatens DeFi privacy, and stifles innovation by imposing traditional financial frameworks. The bill is seen as favoring established financial institutions and increasing barriers to entry, effectively centralizing control over crypto markets. Political tensions between Republicans and Democrats have also influenced the bill’s strict tone, with compromises leading to provisions that appeal more to regulatory oversight than industry growth.

marsbit01/15 13:05

A Crypto Market Structure Bill That Offends Everyone