stablecoins

MetaMask, the popular crypto wallet, is reportedly preparing to enter the stablecoin space with a new token called MetaMask USD (mmUSD). Even more surprisingly, the project is said to involve Stripe as a key partner.
According to a governance proposal, the new stablecoin would become the core digital currency across the MetaMask ecosystem, aiming to increase transaction stability, improve altcoin usability, and leverage Stripe’s financial infrastructure to bridge traditional finance with the DeFi world.

🌐 mmUSD to Become MetaMask's New Standard?
The proposed stablecoin would be issued by Stripe and settled through the M^0 network, with native integration across MetaMask services. It’s set to become a highly liquid foundational asset within their ecosystem.
Although neither MetaMask nor Stripe has officially confirmed the project yet, the governance proposal indicates that a major move into the stablecoin sector is underway.

📈 Stablecoins Are Booming – and MetaMask Knows It
Stablecoins are currently the fastest-growing category in crypto, with over $250 billion in circulation – a dramatic leap from just a few billion in 2020.
Federal Reserve Governor Christopher Waller recently noted that 99% of stablecoin market cap is tied to the U.S. dollar, reinforcing the idea that cryptocurrencies are boosting the global use of the dollar, rather than threatening it.
Even Brian Brooks, former U.S. Comptroller of the Currency, believes that stablecoins can help maintain the dollar’s status as the world’s reserve currency by making it globally accessible without bank accounts.

💳 MetaMask Card Opened the Door
Talks of the stablecoin come shortly after MetaMask announced its debit card, launched in partnership with Baanx and Mastercard. This card allows users to spend crypto directly without intermediaries, top-ups, or banks.
Simon Jones from Baanx described the move as a breakthrough between the worlds of traditional trading and crypto. The concept is based on "non-custodial neobanking", preserving full control of assets for the user.
“We’ve built a coalition around us – from partnerships with Mastercard and Visa to issuing platforms. We connect blockchain directly to the end user,” said Jones.

#MetaMask , #Stablecoins , #defi , #Web3 , #CryptoNews

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

According to Foresight News, Chen Chen, Chief Strategy Officer at VDX and a partner at Victory Securities, shared some valuable insights on stablecoins and Hong Kong’s role in shaping their global future.
🧠 Chen stressed the importance of rational thinking by investors as stablecoins continue to evolve. As excitement grows, so do the risks — and that’s where sound judgment matters most.
🔍 He described Hong Kong as a potential “policy buffer zone” — a place where controlled trials of stablecoin systems could take place safely, thanks to its status as a major international financial hub.
🏦 With strong regulatory frameworks and global financial connections, Hong Kong could play a key role in testing and shaping future stablecoin strategies — balancing innovation with investor protection.
💬 What do you think?
Can Hong Kong become the bridge between regulation and innovation in the stablecoin space?
#Stablecoins #HongKongCrypto #CryptoRegulationBattle #BinanceSquare #Web3Finance
$ETH $BTC $BNB

The world of decentralized finance (DeFi) is booming again. Monthly on-chain stablecoin transactions reached a record $1.5 trillion in July, signaling a resurgence of trust and activity in the sector.
📊 According to analytics platform Sentora (formerly IntoTheBlock), the July volume marked an all-time high—surpassing May’s $1.39 trillion and April’s $1.44 trillion. Except for January and February, every other month this year has recorded over $1.2 trillion in volume.
Interestingly, August has already seen nearly $200 billion in volume during its first five days, putting it on track to cross $1.2 trillion by the end of the month.

🌐 DeFi Resurgence Led by Ethereum
The sharp rise in stablecoin volumes is largely driven by renewed activity on DeFi platforms. According to DefiLlama, total value locked (TVL) across DeFi protocols has surged by over 3% in the last 24 hours, reaching $137.33 billion, mainly thanks to Ethereum’s performance and revived interest in liquid staking.
Sentora also confirms that DeFi volume hit a three-year high of $179 billion this week, driven by growing investment into liquid staking protocols and ETH’s rally toward the $4,000 mark.

🏆 USDC Leads Stablecoin Transactions on Chain
USDC by Circle remains the most active stablecoin in 2025, accounting for up to 48% of all stablecoin DeFi transactions. In comparison, Tether (USDT) typically accounts for 20–27%, while MakerDAO’s DAI ranges between 17–33%, depending on the month.
Together, these three stablecoins dominate over 90% of monthly on-chain stablecoin volume. Ethena’s USDe trails with a roughly 3% market share.
Interestingly, USDT is also growing rapidly in DeFi this year. On Aave, the amount of USDT supplied has surged 123% since January, now approaching $7.5 billion.

📈 Stablecoin Supply Nears $370 Billion
While USDC leads in transaction volume, USDT still holds the crown in supply—with a market cap of $164.7 billion and a 61.41% dominance. In contrast, USDC stands at $63.85 billion.
Emerging tokens are also gaining ground, including Ethena USDe ($9.5B), Sky Dollar USDS ($4.87B), and DAI ($4.33B). One of the strongest performers was Falcon USD (USDf), which surged 102% in value last month—from $552 million to $1.09 billion.
📊 The total stablecoin market cap has now reached $268.2 billion, rising by $13.2 billion in just one month. Compared to last year, the overall supply has already doubled, with more growth expected as regulatory clarity improves.

✅ Regulatory Clarity on the Horizon
Confidence in stablecoins is also being fueled by new SEC guidelines, which now allow fully backed USD stablecoins with redemption options to be classified as cash equivalents. This brings stronger legitimacy to the sector and lays the foundation for broader regulation in the near future.

#USDC , #Stablecoins , #defi , #Ethereum , #Tether

Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“