#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.