Stablecoin reserves on Binance increased significantly by $3 billion, bringing new capital to the global cryptocurrency market.
Not only Binance, the entire Asian region is accelerating strategic moves, from China considering a stablecoin pegged to the yuan to significant reforms in cryptocurrency policy in Japan.
MAIN CONTENT
Stablecoin reserves on Binance increased by $3 billion in the past two weeks, reflecting investor confidence and the influx of new capital into the market.
Ripple plans to launch the RLUSD stablecoin in Japan in early 2026 through its partner SBI VC.
Japan is promoting tax and regulatory reform with a proposed fixed tax rate of 20%, allowing cryptocurrency ETFs, while China is considering a stablecoin pegged to the yuan.
How significantly have stablecoin reserves on Binance increased?
ERC-20 stablecoin reserves on Binance increased from $32 billion to $35.5 billion in just two weeks, indicating new capital inflows into the market rather than outflows.
This development was recorded by CryptoQuant, reflecting investor sentiment that tends to hold cash waiting for the right time to re-enter the market rather than taking profits or withdrawing funds. The increase in stablecoin reserves alongside Bitcoin's low Net Realized Profit and Loss indicates that profit-taking activity is limited.
Not only providing immediate liquidity, the surge in stablecoin flow is also an indicator of investor confidence in the prospects of the cryptocurrency market. These stablecoins are 'held' on the exchange, ready to participate in transactions when the market improves – an important sign for the accumulation phase and preparation for new growth.
Why is the stablecoin flow on Binance important for the cryptocurrency market?
Through the increase in stablecoin flow on major exchanges like Binance, the market tends to activate new capital sources, facilitating stronger investment and trading activities.
Stablecoins are a primary source of liquidity for cryptocurrency markets, allowing investors to easily convert assets when needed without worrying about price volatility like other coins. A large influx of stablecoin capital on exchanges usually indicates the potential for recovery or the start of a new growth cycle for digital assets.
“The flow of stablecoin plays a key role in establishing liquidity and activating growth phases of the global cryptocurrency market.”
– CryptoQuant report, June 2024
What is RLUSD and what are the expansion plans in Japan?
RLUSD is a USD-pegged stablecoin issued by Ripple, expected to launch in Japan in early 2026 through a partnership with SBI VC – a subsidiary of SBI Holdings.
This plan comes after SBI VC received the Electronic Payment Instrument Trading Service Provider license – the first ever granted in Japan. Ripple stated that the project is not only technological but also aims to build a 'transparent and compliant financial future.'
The emergence of RLUSD enhances the reliability and convenience of stablecoins for Japanese users while scaling Ripple's operations in the dynamic Asian market.
What notable regulatory actions has Japan taken regarding cryptocurrency?
Japan is proposing major reforms on tax and regulations, including the application of a fixed 20% tax on digital asset transactions, similar to stocks, and reclassifying digital assets as financial products.
The Financial Services Agency (FSA) expects the proposal to pave the way for the establishment of cryptocurrency ETFs while reducing the tax burden on investors, creating conditions to promote the popularization of cryptocurrency in Japan's mainstream financial system.
“The restructuring of tax policy not only makes the Japanese market more competitive but also encourages innovation and growth of traditional financial institutions participating in the digital asset sector.”
– Nikkei Asia, 2024
These changes will help open doors for institutional and individual investors while making Japan an attractive destination for blockchain initiatives.
How is China acting in the international stablecoin race?
China is considering developing a yuan-pegged stablecoin (CNY) to compete with international USD-pegged stablecoins and enhance the position of its currency in the global market.
The consideration of issuing a digital yuan stablecoin also reflects China's long-term strategy to build a sovereign international digital asset ecosystem. If successful, the CNY stablecoin will boost cross-border e-commerce and increase China's financial autonomy.
This move simultaneously makes Asia gradually become the focal point in the global cryptocurrency development race, with countries playing an active role in establishing standards and strategic influence on the future digital ecosystem.
How will Asia's acceleration in stablecoin development affect the global digital finance industry?
As Asian countries consistently make strong moves in stablecoin supply, regulatory reform, and the development of digital financial solutions, the global influence of the cryptocurrency industry is gradually shifting distinctly towards this region.
The participation of China and Japan not only diversifies stablecoin options but also creates healthy competitive pressure on the original market like the United States, helping to promote commitments to safety, transparency, and legal compliance in modern digital finance.
Notable Stablecoin Country/Entity Management Policy Direct Impact Japan RLUSD (Ripple, USD-pegged, launching 2026) Fixed 20% tax, opening ETF, reclassifying digital assets Attracting investment, legitimizing stablecoin China Yuan-pegged stablecoin (under consideration) Aiming for a sovereign digital finance ecosystem Enhancing CNY's position, promoting cross-border transactions USA USDT, USDC (USD-pegged) Tightening reporting processes, prioritizing transparency Ensuring stability, leading the international market
Frequently Asked Questions
What does the strong increase in stablecoin reserves on Binance reflect?
The significant increase in stablecoin reserves demonstrates that new capital is flowing into the market rather than being withdrawn, indicating investor confidence and expectations.
When is the RLUSD stablecoin expected to appear in Japan?
Ripple will collaborate to launch RLUSD in Japan in early 2026 through its licensed digital asset trading partner SBI VC.
What does Japan's new tax policy on cryptocurrency mean?
The fixed tax rate of 20% will help reduce the burden on investors, promoting a more sustainable development of the market similar to the stock market.
What are the benefits of China issuing a digital yuan stablecoin?
This helps China increase financial autonomy, promote international transactions, and diversify the global digital money supply.
How will stablecoin activity in Asia impact the international market?
Asia is enhancing its central role, fostering competition, diversifying digital financial solutions, creating conditions for transparent growth, and legitimizing globally.
Source: https://tintucbitcoin.com/3-ty-usd-stablecoin-do-vao-binance/
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