# 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.

From Mining to Prediction Markets: CoinShares' 2026 Crypto Roadmap

CoinShares' 2026 Crypto Roadmap highlights a significant shift from speculative investments to utility-driven projects. Key trends include a strong recovery in crypto VC funding, which has surpassed 2024 levels, with capital concentrating on large-scale deals focused on real-world utility and cash flow. Four major investment themes for 2026 are identified: RWA (especially stablecoins), AI-integrated consumer applications, retail-focused on-chain investment platforms, and Bitcoin utility infrastructure. Prediction markets, led by platforms like Polymarket, have evolved into mainstream information tools, demonstrating high accuracy and growing institutional adoption, notably with ICE's strategic investment. Bitcoin mining is undergoing a fundamental transformation, with companies pivot to high-profit HPC/AI data centers, expected to reduce mining revenue to under 20% by late 2026. Future mining will diversify into models led by ASIC manufacturers, modular operations, intermittent grid-balancing mining, and sovereign-state mining. The industry is moving towards practical, infrastructure-focused growth, distancing from meme coins and purely conceptual projects.

比推12/16 08:47

From Mining to Prediction Markets: CoinShares' 2026 Crypto Roadmap

比推12/16 08:47

CoinShares' 3 Major Crypto Predictions for 2026: Diverging Mining Models, Focused Investment Tracks, and the Rise of Prediction Markets

CoinShares' 2026 crypto outlook highlights three major trends: mining diversification, focused investment sectors, and the rise of prediction markets. VC funding has strongly recovered, with capital concentrating on high-utility projects rather than memes. Key investment areas for 2026 include RWA (especially stablecoins), AI-powered consumer crypto apps, retail-friendly on-chain investment platforms, and Bitcoin utility infrastructure. Prediction markets, led by Polymarket, have become mainstream information tools due to their accuracy and high post-election engagement. Institutional adoption is growing, evidenced by ICE’s strategic investment. Bitcoin miners are rapidly pivoting to high-profit HPC/AI data centers, with mining revenue share expected to drop below 20% by late 2026. Future mining will diversify into four models: ASIC manufacturer self-mining, modular temporary mining, intermittent grid-balancing mining, and sovereign state mining. Long-term, mining will likely be dominated by sovereign states and ASIC makers.

marsbit12/16 08:10

CoinShares' 3 Major Crypto Predictions for 2026: Diverging Mining Models, Focused Investment Tracks, and the Rise of Prediction Markets

marsbit12/16 08:10

UK To Bring Crypto Under Financial Services Laws By 2027

The UK Treasury plans to extend existing financial services laws to regulate cryptoasset firms, including exchanges and wallet providers, by October 2027. The Financial Conduct Authority (FCA) will supervise the sector, requiring companies to meet standards on reporting, governance, and consumer protection similar to traditional finance. The move is intended to provide regulatory clarity, combat fraud, and enhance market integrity. A draft bill has been prepared, with FCA and Bank of England rules expected by late 2026. The UK’s approach aligns more closely with the US than the EU’s MiCA framework, though industry responses remain mixed regarding implementation details.

bitcoinist12/16 07:17

UK To Bring Crypto Under Financial Services Laws By 2027

bitcoinist12/16 07:17

The Economist: The Real Threat of Cryptocurrency to Traditional Banks

The Economist article "The Real Threat Cryptocurrency Poses to Traditional Banks" examines the escalating tensions between the traditional banking sector and the crypto industry. Despite both benefiting from a more favorable regulatory environment, especially following the passage of the GENIUS Act which provided a legal framework for stablecoins, a significant power shift is occurring. Banks' most immediate concern is regulatory arbitrage in stablecoins. Although the GENIUS Act prohibits issuers from paying interest to prevent deposit outflows, companies like Circle circumvent this by sharing revenue with exchanges, which then pay "rewards" to users. Banks are demanding this loophole be closed. Furthermore, crypto firms are breaking into the core of the financial system. In a landmark move, U.S. regulators granted national bank trust charters to five digital asset firms, including Circle and Ripple, allowing them to provide custody services nationwide. The collective impact of these developments poses a profound threat. The core of the banks' dilemma is their waning political influence. Crypto has firmly entrenched itself within the right-wing, anti-establishment political sphere, amassing a massive war chest for lobbying. Banks are no longer the most powerful financial voice in the Republican party. In a ironic twist, they now sometimes find themselves allied with Democratic senators and left-leaning groups who share concerns over stablecoin risks, proving that political alliances in this battle are increasingly unpredictable.

深潮12/16 05:57

The Economist: The Real Threat of Cryptocurrency to Traditional Banks

深潮12/16 05:57

2025: The Irreversible Changes in the Crypto Market

By 2025, the market has structurally shifted from speculative cycles to institutional-scale infrastructure. Key irreversible changes include: institutions becoming the dominant marginal buyers of crypto assets; Real-World Assets (RWAs) maturing into a legitimate asset class; stablecoins solidifying as both a killer app and a systemic vulnerability; and Layer-2 networks consolidating into a winner-take-all landscape. Prediction markets evolved into financial infrastructure, while AI x Crypto transitioned from hype to practical infrastructure. Launchpads industrialized into internet capital markets. High-FDV, low-float tokens proved structurally uninvestable, and the InfoFi sector experienced a boom and bust. Consumer crypto returned, led by neobanks rather than native Web3 apps, and global regulatory frameworks normalized, providing clarity and reducing operational risk.

深潮12/16 02:30

2025: The Irreversible Changes in the Crypto Market

深潮12/16 02:30

Strategy Resumes Spending Billions on Bitcoin. How Its Reserve Has Grown

MicroStrategy, the largest corporate holder of Bitcoin, has significantly increased its reserves, purchasing nearly $2 billion worth of Bitcoin in the first half of December. On December 15, the company reported buying 10,645 BTC for $980.3 million, following a $962.7 million purchase the previous week. This brings its total holdings to 671,268 BTC, representing over 3% of Bitcoin's total supply. Since 2020, MicroStrategy has spent approximately $50.33 billion on Bitcoin, with an average purchase price of $74,972 per BTC. The company funded these acquisitions primarily through the issuance of additional MSTR shares and other preferred shares. Despite its stock trading 53% below its July peak, MicroStrategy continues its strategy of accumulating Bitcoin using debt and equity financing. Additionally, MicroStrategy has established a $1.4 billion dollar reserve to cover investor obligations, a move analysts interpret as preparation for a potential "crypto winter." This strategy has inspired other companies, termed Digital Asset Treasuries (DAT), such as BitMine—the largest corporate holder of Ethereum—which also reported increasing its ETH reserves to 3.97 million coins.

RBK-crypto12/15 15:39

Strategy Resumes Spending Billions on Bitcoin. How Its Reserve Has Grown

RBK-crypto12/15 15:39

Quick Overview of the 33 Winning Projects from Solana Breakpoint 2025 Hackathon

The Solana Breakpoint 2025 hackathon, held in Abu Dhabi, concluded as the largest crypto-focused event of its kind, with over 9,000 participants from 150+ countries submitting 1,576 projects. The competition awarded winners across multiple categories, highlighting innovation in infrastructure, consumer applications, DeFi, RWA, stablecoins, and undefined tracks. The grand prize winner was Unruggable, a hardware wallet and app suite optimized specifically for Solana, offering deep integration with native ecosystem features like Jito and Jupiter. Category winners included: - **Consumer Apps**: Capitola (prediction market aggregator). - **DeFi**: Yumi Finance (on-chain BNPL solution). - **Infrastructure**: Seer (Solana transaction debugging tool). - **RWA**: Autonom (oracle for real-world asset pricing). - **Stablecoins**: MCPay (open payment infrastructure). - **Undefined Track**: attn.markets (tokenizing Solana ecosystem revenue). Additional awards included the University Prize for Pythia (a prediction market for academic competitions) and the Public Good Prize for Samui Wallet (an open-source developer toolkit). The hackathon showcased a wide range of projects aimed at improving security, usability, and financial innovation on Solana, signaling strong growth and diversification within the ecosystem.

marsbit12/15 11:18

Quick Overview of the 33 Winning Projects from Solana Breakpoint 2025 Hackathon

marsbit12/15 11:18

Digital Banks No Longer Rely on Banking for Profit; The Real Goldmines Are Stablecoins and Identity Verification

Digital banks are no longer competing on user scale but on revenue per customer, as seen in Revolut's diversified income streams versus Nubank's reliance on credit. The real value lies in stablecoins and identity authentication. Stablecoins, especially those backed by reserves, generate profit from interest on assets like treasury bonds—a revenue stream captured by issuers, not front-end platforms. This has pushed firms like Stripe and Circle to build proprietary settlement networks (e.g., Tempo, Arc) to control profitability, privacy, and transaction efficiency. Stablecoins disrupt traditional payment systems by enabling direct, low-cost transfers, forcing digital banks to integrate stablecoin channels or become obsolete. Simultaneously, identity authentication is evolving into a portable, cross-platform system. Initiatives like the EU Digital Identity Wallet and crypto projects (Worldcoin, Gitcoin Passport, Polygon ID) aim to create reusable digital identities, reducing redundant KYC processes. This shifts digital banks from controlling identity to becoming service providers within a trusted identity framework. Future digital banks will succeed by focusing on one of three models: 1. **Interest-driven**: Profit from user deposits via stablecoin interest and staking. 2. **Payment flow-driven**: Generate revenue from high transaction volumes as the default transfer channel. 3. **Infrastructure-driven**: Control stablecoin issuance, reserves, and settlement for the highest profitability. The market will split between consumer-facing apps (low switching costs) and infrastructure players (high stickiness, core to value flow).

marsbit12/15 10:05

Digital Banks No Longer Rely on Banking for Profit; The Real Goldmines Are Stablecoins and Identity Verification

marsbit12/15 10:05

Digital Banks Are No Longer in the Banking Business; The Real Gold Mine Lies in Stablecoins and Identity Verification

The article argues that the core value of digital banking has shifted away from traditional models. Valuation is no longer driven by user numbers but by revenue per customer, as seen with Revolut's diversified income streams versus Nubank's reliance on credit. The true "gold mines" are now stablecoins and identity verification. For stablecoins, the primary profit is the interest earned on reserve assets (like Treasury bills), a revenue stream captured by the issuer (e.g., Circle) rather than the consumer-facing digital bank. This is leading to vertical integration, with companies like Stripe and Circle building proprietary settlement networks (Tempo, Arc) to control this profitable infrastructure and ensure privacy. Stablecoins are disrupting the old, multi-layered payment system by enabling direct, peer-to-peer transfers, forcing digital banks to become efficient routing layers for these transactions or risk obsolescence. Simultaneously, identity is becoming the new account core. The trend is moving away from siloed KYC processes towards portable, verifiable credentials (e.g., EU's Digital Identity Wallet, Worldcoin, Polygon ID). This will allow a user's identity to travel across platforms, simplifying compliance and making the crypto wallet the central hub for assets and identity. The article concludes that user count, cards, and UI are no longer competitive advantages. Future successful digital banks will be "wallet-first" systems, falling into one of three models: 1. **Interest-driven:** Profit from holding user stablecoin balances and earning yield on reserves. 2. **Payment-flow-driven:** Profit from facilitating a high volume of stablecoin transactions. 3. **Stablecoin infrastructure-driven:** The most profitable model, controlling the issuance, reserves, and settlement of stablecoins itself. The market will split between simple consumer apps and powerful infrastructure providers that control the core of the financial stack.

深潮12/15 09:52

Digital Banks Are No Longer in the Banking Business; The Real Gold Mine Lies in Stablecoins and Identity Verification

深潮12/15 09:52

Breakpoint 2025 Reflections: Crypto Has Grown Up, We've Put Our Shirts Back On

Breakpoint 2025, held in Abu Dhabi, showcased a crypto industry in transition. Attendees noted a more mature but subdued atmosphere compared to previous years. Investor Jason Choi described widespread fatigue among VCs and founders, with stagnant sentiment despite well-organized events. DePIN and DeSci emerged as rare bright spots, though still niche. In contrast, Kamino’s Marius observed strong institutional engagement and real-world utility, highlighting the tokenization of stocks and bonds on Solana as a major leap. The conference felt less narrative-driven and more focused on practical applications. daddy fiskantes of Sigil Fund noted crypto’s evolution into “fintech 2.0,” integrating with traditional finance rather than disrupting it. Early idealists are departing, while institutional adoption grows. The focus has shifted from revolutionary gains to efficiency, scalability, and neutral strategies like arbitrage. High-return opportunities remain in areas like DePIN and DeSci, but the era of rapid 100x returns may be fading.

marsbit12/15 09:39

Breakpoint 2025 Reflections: Crypto Has Grown Up, We've Put Our Shirts Back On