New research with Visa: "Beyond Dollarization" Everyone tracks USD... stablecoin supply at $300B. Almost nobody is tracking what's happening in local currencies. We partnered with Visa to go deeper: → Non-USD stablecoin supply grew 3x (outpacing overall stablecoins supply) → Holder addresses: 40K → 1.2M (30x) → Transfer volume: $600M → $10B/mo (16x) → ~80% is payments and treasury flows, not DeFi → Weekend drops that mirror payroll cyclesshow more

Local stablecoins are being used for real payments to... move money, settle invoices, and power remittances. This activity is concentrating on Polygon, which has processed $11.1B+ in non-USD stablecoin volume.show more

We've unlocked cross-chain USDC supply for Gauntlet USD Alpha... on Ethereum Mainnet Supply Asset: USDC Chains: Base, Arbitrum, Optimism and now Ethereum Mainnet gtUSDa targets sustainable stablecoin yields across DeFi. Learn more in the thread.show more

🚨VISA LAUNCHES INTERNAL STABLECOIN PLATFORM WITH OUSD! Visa is... rolling out an internal platform to expand use of USD-pegged stablecoins for the financial institutions and merchants it powers. The platform will initially use Open Standard’s $OUSD, according to Fortune.show more

Sonic L1 smashes past the $100M stablecoin supply milestone.... At time of writing, Sonic' stablecoin supply metric is up +14% on the week, per DefiLlama data. It now boasts a stablecoin market cap of some $107.6M, making it the 31st largest network in terms of stablecoin supply. It already plays host to more stablecoins than blue chip networks like Algorand $ALGO, NEAR Protocol $NEAR and Polkadot $DOT.show more

Real USD 🇺🇸 Ripple CEO drops the new Stablecoin... Name “Real USD” 🇺🇸 The name of the Ripple stablecoin, the $RLUSD, I like to call it Real USD… Ripple USD’ - Brad Garlinghouse (Brad Garlinghouse) at #XRPLApex 2024 ⚡💙 #XRPshow more

Stablecoin supply on Ethereum has dropped $16,000,000,000 in the... last 2 months. This is not what I want to see.show more

WHAT is going on with Sonic's stablecoin supply?! Sonic... has seen its stablecoin market cap absolutely rip some +41.2% in the past week, reaching a total of more than $125M . Currently, Sonic is the 29th largest network by stablecoin supply, rising from relative obscurity within the sector to becoming a major player. To break into the top-10, however, Sonic will need to reach a $1 billion stablecoin market cap figure.show more

Sui Network is aiming for a massive stablecoin ecosystem.... Earlier this year, Sui went live with gas-free stablecoin transfers on its scalable L1 blockchain. Less than two months later as $SUI's stablecoin supply has reached an impressive $479M, per DefiLlama data, the metric up +2.31% on the week at time of writing. This makes it the 19th largest chain by stablecoin supply, with Optimism $OP (currently 18th) very much in the crosshairs.show more

Sui moved $65B in stablecoins in 5 days. Its... total supply is $472 million. Sui (Sui) cleared roughly $65 billion in stablecoin transfers over the past 30 days, fee-free. The catalyst: a May protocol change that zeroed out transfer fees and dropped the need to hold sui:native to move funds, per CertiK data. The number that reframes it: Sui's standing stablecoin supply is only about $472 million. So this isn't a flood of new capital, it's the same dollars recirculating fast as payments, exactly what the gasless design was built to do. Mysten Labs' pitched it as a settlement rail for businesses and AI agents, with Fireblocks already plugged in.show more

In just 2 days, stablecoin supply on Plasma has... surpassed $7 billion. The future is bright.show more

Avalanche Enters Stablecoin Big Leagues Avalanche $AVAX has become... the tenth largest stablecoin network by supply. The network’s stablecoin supply jumped 16.35% over the past week to reach $1.66 billion. BlackRock’s BUIDL fund is now among the largest tokenized assets operating on Avalanche. Source: MSB Intelshow more

🚨 BREAKING: Kraken now supports 's USDT on Aptos... Since USDT's launch on Aptos in Oct. '24, USDT supply has grown 8x & is now ~75% of Aptos' total stablecoin supply. With Aptos-native USDT on Kraken, Aptos' takeover as the chain of choice for stablecoins continues.show more

1/📣Breaking News: PayPal USD (PYUSD) is live on Solana!... PayPal USD stablecoin issued by Paxos will leverage Solana and token extensions to serve over 30m+ merchants, empowering users with fast and secure stablecoin transactions.show more

USD1 supply on Aptos is concentrating fast. Echelon now... holds $21.2M USD1, representing 68.4% of total USD1 supply on the network. As stablecoin demand grows, liquidity centralizes where utilization and yield are highest. Supply and borrow USD1 ↓show more

Is Hedera's stablecoin economy finally taking off...? The stablecoin... supply on Hedera has grown by +7% in the past week, per DefiLlama data at time of writing. $HBAR's stablecoin market cap is now at around $44.5M, bigger now than the likes of Cardano Community $ADA and Tempo.show more

Western Union's stablecoin card goes live in 37 countries... Western Union (Western Union) has launched Stablecard, a digital wallet and Visa secured credit card built with Rain that lets users receive money transfers directly into $USDPT, the company's dollar stablecoin issued by Anchorage Digital Bank on Solana, and spend anywhere Visa is accepted. The product targets remittance receivers in markets with volatile local currencies, where a dollar-backed balance protects what they've earned. It's live in 37 markets at launch, and Western Union is targeting more than 60 by the end of the year.show more

🚨 Ripple & Stellar OFFICIALLY Join Open USD On... DAY ONE — Visa, Mastercard & BlackRock BACK New Stablecoin 🤯💵🔥 Open Standard has officially unveiled Open USD ($OUSD) — a new stablecoin backed by 140+ global partners, including: 👉 Visa 👉 Mastercard 👉 BlackRock 👉 Stripe 👉 Google Cloud 👉 Coinbase 👉 American Express 👉 BNY 👉 And MANY more. 🤯 Ripple has OFFICIALLY CONFIRMED it is joining as a DAY-ONE integration partner. ✅ while Stellar announced Open USD is coming to the Stellar network. 🚀 This means BOTH Ripple and Stellar are part of one of the LARGEST institutional stablecoin ecosystems announced to date. 🫣 They’re building a MULTICHAIN future. 👀🔥show more

Visa just showed its stablecoin numbers, and they're bigger... than most people think The company's stablecoin settlement run rate hit an annualized $7B as of March. In the CEMEA region specifically, settlement volume is up nearly 60x since launching there just a year ago. More than 160 stablecoin-linked card programs are live or in the works globally, letting people spend stablecoin balances anywhere Visa is accepted.show more

XLM Surges As Stellar Joins Open USD Stellar's (Stellar)... $XLM climbed 10% over the past 24 hours after Stellar joined the launch of Open USD as a launch partner and Open Standard participant. Open USD is backed by more than 140 firms, including Visa, Mastercard, Coinbase and BlackRock. The stablecoin aims to lower minting and redemption costs at scale.show more

A new stablecoin regulated for transparency and integrity. Introducing... Ripple USD:show more