{"id":31911,"date":"2025-06-15T07:31:42","date_gmt":"2025-06-15T07:31:42","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31911"},"modified":"2025-06-15T07:31:42","modified_gmt":"2025-06-15T07:31:42","slug":"stablecoins-emerging-as-the-dominant-force-in-crypto-coinbase","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31911","title":{"rendered":"Stablecoins Emerging as The Dominant Force in Crypto: Coinbase"},"content":{"rendered":"<div>\n<p>Sixteen years after Bitcoin\u2019s launch, stablecoins are emerging as the key force in crypto\u2019s mainstream adoption, particularly for payments and financial operations, said Coinbase in a research <a href=\"https:\/\/www.coinbase.com\/en-sg\/blog\/the-state-of-crypto-the-future-of-money-is-here\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">report<\/a> on June 10.<\/p>\n<p>It noted that there was a soaring interest from companies, with 81% of crypto-aware small and medium businesses (SMBs) expressing interest in using stablecoins.<\/p>\n<p>Additionally, Fortune 500 companies showing stablecoin interest have tripled compared to 2024, and 82% of SMBs said crypto can solve at least one major financial challenge.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The Q2 2025 State of Crypto report just dropped.<\/p>\n<p>TL;DR: The world loves stablecoins. <a href=\"https:\/\/t.co\/agOZ8naqoF\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/agOZ8naqoF<\/a><\/p>\n<p>\u2014 Coinbase \ufe0f (@coinbase) <a href=\"https:\/\/twitter.com\/coinbase\/status\/1932487826039357919?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">June 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Stablecoins: The Future of Finance<\/h2>\n<p>The firm also reported that organic stablecoin transfer volume has reached unprecedented levels, with the two highest monthly volume transfers in history over the past year in December and April.<\/p>\n<p>The stats don\u2019t stop there.<\/p>\n<p>There are more than 160 million stablecoin holders worldwide, and global stablecoin supply grew 54% year-over-year. Additionally, stablecoin transfer volume in 2024 hit $27.6 trillion, surpassing Visa and Mastercard combined.<\/p>\n<p>\u201cRegulatory clarity is the unlock for crypto\u2019s next chapter,\u201d the report noted, citing the <a href=\"https:\/\/cryptopotato.com\/genius-stablecoin-bill-passes-to-next-stage-of-voting\/\" data-wpel-link=\"internal\">GENIUS Act<\/a> and <a href=\"https:\/\/cryptopotato.com\/us-house-passes-stable-act-for-stablecoin-regulation\/\" data-wpel-link=\"internal\">other bills<\/a> that are making their way through US Congress.<\/p>\n<blockquote>\n<p>\u201cAn overwhelming 9 in 10 Fortune 500 executives agree that clear, consistent US regulation around crypto, blockchain, and onchain technologies is essential to support ongoing innovation. \u201c<\/p>\n<\/blockquote>\n<p>The United States is not the only nation pushing for stablecoin regulation. This week, the newly elected president of South Korea, Lee Jae-myung, made good on his campaign pledge by proposing the Digital Asset Basic Act.<\/p>\n<p>The legislation allows local companies to issue stablecoins with a minimum equity capital of 500 million KRW ($US368,000), and they need to guarantee refunds through reserves and get regulatory approval.<\/p>\n<p>However, the wheels are turning much more slowly in Europe, where the European Central Bank wants its own central bank digital currency (CBDC) and regional governments want to maintain their tight grip on monetary flows.<\/p>\n<h2>Stablecoin Ecosystem Outlook<\/h2>\n<p>The current stablecoin ecosystem is dominated by just two players, Tether and Circle.<\/p>\n<p>Tether has a 61% stablecoin market share with $155 billion in circulation. USDT supply has surged around 38% over the past 12 months to an all-time high on June 10.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wall-street-cheers-circle-ipo-but-bitcoin-sentiment-still-flat\/\" data-wpel-link=\"internal\">Circle\u2019s<\/a> USDC has also surged with a circulation of $61 billion, giving it a market share of 24%. The two companies produce 85% of the stablecoins in the market at the moment.<\/p>\n<p>Maker\u2019s USDS, formerly DAI, is the third-largest with $7.2 billion and the only true high-cap decentralized stablecoin.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/stablecoins-emerging-as-the-dominant-force-in-crypto-coinbase\/\" rel=\"nofollow\">Stablecoins Emerging as The Dominant Force in Crypto: Coinbase<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sixteen years after Bitcoin\u2019s launch, stablecoins are emerging as the key force in crypto\u2019s mainstream adoption, particularly for payments and financial operations, said Coinbase in a research report on June 10. It noted that there was a soaring interest from companies, with 81% of crypto-aware small and medium businesses (SMBs) expressing interest in using stablecoins. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-31911","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=31911"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/31911\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=31911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=31911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=31911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}