#Stablecoins #稳定币
1. Market Size
According to @DefiLlama data, as of June 22, 2025, the total market capitalization of global stablecoins is $251B, a decrease of 0.08% compared to 7 days ago, with USDT accounting for over 62%.

2. Regulation
The U.S. Senate has voted to pass the stablecoin GENIUS Act.
3. Project Progress
Yotta Logistics Technology announced plans to apply for a stablecoin issuance license in Hong Kong, launching its own stablecoin RHKD and a digital token RBTC pegged to Bitcoin.
JPMorgan will pilot the issuance of the deposit token JPMD on the Base network.
@coinbase launched an e-commerce platform stablecoin payment solution called Coinbase Payments.
@animocabrands plans to establish a joint venture with Standard Chartered Bank and Hong Kong Telecom to prepare for the issuance of a stablecoin pegged to the Hong Kong dollar.
The Wyoming stablecoin WYST in the U.S. plans to go live on August 20.
Digital banking giant @Revolut is exploring plans for its own stablecoin issuance.
4. Financing
Stablecoin startup @Ubyx has completed a $10 million seed round financing, led by Galaxy Ventures.
Stablecoin infrastructure service provider @SaturnX has completed a $3 million seed round financing, led by White Star Capital.