Stablecoin Weekly Update

#Stablecoins #稳定币

1. Market Size

According to defillama data, as of 2025.7.13, the total market capitalization of global stablecoins is $258.36B, an increase of $3.08B compared to 7 days ago, with $USDT holding a market share of 62.08%.

2. Project Progress

Bullish is collaborating with the Solana Foundation to promote on-chain stablecoin applications and plans to gradually introduce Solana technology.

The Monad Foundation will acquire the stablecoin infrastructure developer Portal Labs.

Orbiter is partnering with Nano Labs to launch a compliant stablecoin cross-chain solution NBNB.io.

Tiansheng Capital plans to apply for a stablecoin license in Hong Kong.

3. Financing

Stablecoin startup Agora has completed a $50 million Series A financing round, led by Paradigm.