Tag: Stablecoins

Stablecoins Surpass Bitcoin in Latin America Crypto Purchases: Bitso Report

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Digital asset adoption in Latin America is evolving, with more users now converting funds into stablecoins than into Bitcoin — a shift that reflects growing pressure from local economic conditions. According to Bitso’s 2025 report on crypto adoption in Latin America, 40% of crypto purchases in 2025 were US dollar-linked stablecoins such as Tether’s USDt (USDT) and Circle’s USDC (USDC), while Bitcoin (BTC) accounted for 18%. The report marks the first time stablecoin purchases have surpassed Bitcoin in the region. The findings are based on data from Bitso’s nearly 10…

Mastercard Moves to Settle Card Payments Using Stablecoins

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Key takeaways Mastercard is integrating stablecoins into its payment infrastructure to modernize the back-end settlement process, allowing banks and issuers to settle card transactions using regulated digital dollars such as SoFiUSD. The partnership with SoFi Technologies enables SoFi Bank to settle Mastercard transactions in SoFiUSD, while Galileo’s platform allows other banks and fintech issuers to adopt stablecoin settlement. Stablecoin settlement focuses on the post-transaction clearing stage, meaning consumers will continue using cards normally while the underlying settlement between banks may occur through blockchain-based digital assets. By leveraging its Multi-Token Network…

Stablecoins Do Not Threaten Banking Just Yet: Analyst

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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world assets (RWAs) grow in market capitalization.  “So far, the use of stablecoins remains limited, but their market capitalization exceeded $300 billion at the end of last year,” Abhi Srivastava, associate vice president of Moody’s Investors Service Digital Economy Group, told Cointelegraph. The stablecoin market cap has surged past $300 billion. Source: RWA.xyz The…

Iran accepts Bitcoin for oil tolls in Strait of Hormuz, stablecoins dominate

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Iran’s decision to accept Bitcoin for oil tolls in the Strait of Hormuz marks a strategic shift, but insiders report stablecoins still handle most transactions. Crude oil prices hitting $90 by June now sit at a 25% expected probability increase, while Bitcoin price predictions for April see a 15% boost in positive sentiment. ## Market reaction The Crude Oil Predictions for June market reflects heightened geopolitical tensions, with possible supply disruptions pushing odds higher. Traders are watching moves from Saudi Arabia’s Energy Minister and Russia’s Deputy Prime Minister, as further…

Stablecoins Behave Like FX Markets as Liquidity Splits: Eco CEO

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Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity. Moving stablecoins looks simple on the surface. But under the hood, it’s often a multi-step transaction routed across chains and pools. “It’s a very special case of a foreign exchange market onchain, and that leads to bad user experience, with unexpected slippage, transaction reversion and unfamiliar information when moving your dollar from point A to point B,” Ryne Saxe, CEO at stablecoin infrastructure company Eco,…

Tether Launches Wallet Supporting Bitcoin and Stablecoins

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Tether, the company behind the world’s largest stablecoin, USDt (USDT), has launched a self-custodial wallet called tether.wallet. Tether.wallet supports three Tether-issued assets: USDT, XAUt (XAUT) and the US-focused USAT (USAT), as well as Bitcoin (BTC), the company announced Tuesday. Tether said the wallet allows users to transact without requiring them to hold separate network or gas tokens, with fees paid directly in the asset being transferred. The wallet also uses human-readable @tether.me usernames, aimed at eliminating the need to interact with long wallet addresses. With some commentators highlighting the potentially…

Tether debuts self-custodial wallet, enabling direct access to Bitcoin, stablecoins

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Tether has rolled out tether.wallet, a fully self-custodial digital wallet designed to simplify access to major digital assets including USDT, USAT, XAUT, and Bitcoin, according to a Tuesday announcement. Until now, the crypto giant mainly operated behind the scenes, powering payments and liquidity across more than 160 countries. Now, with tether.wallet, the firm is transitioning into a consumer app that brings its infrastructure directly to end users. “With more than 570 million people already using Tether’s technology, the next step is making that digital infrastructure even more accessible and usable…

Adrian Cachinero Vasiljevic: Stablecoins are safer and more efficient than banks, DeFi lending rates are aligning with traditional finance, and crypto guarantees ensure transaction integrity

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Key takeaways Stablecoins offer perceived safety and efficiency over traditional banking systems. The global and permissionless nature of crypto makes it an excellent distribution channel. DeFi interest rates are currently low, often aligning with traditional finance risk-free rates. DeFi lending markets face challenges due to a lack of necessary infrastructure. Over-collateralized lending is a strength of DeFi, but it still carries risks. Connecting DeFi to centralized finance can mislead users about inherent risks. The cost of capital in DeFi has increased due to supply and demand dynamics. DeFi capital markets…

Aave DAO Grants 25M in Stablecoins to Aave Labs in Governance Vote

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Aave Labs, the core development team behind the Aave protocol, has been granted $25 million in stablecoins, alongside a token allocation of 75,000 AAVE by its decentralized autonomous organization (DAO) as part of the “Aave Will Win” framework.  The vote passed Saturday with nearly 75% in favor. The stablecoin allocation will be paid in installments over 12 months, while the 75,000 AAVE tokens will vest linearly over four years, according to the governance dashboard.  The Aave Will Win framework aims to accelerate the protocol’s growth, with the DAO funding development…