StableCoin

Leveraging the latest macroeconomic data, on-chain behavior, and regulatory developments, this article provides a comprehensive breakdown of the Latin American stablecoin market’s evolution. It explores how stablecoins have progressed from instruments of survival amid currency collapse and banking exclusion to serving as the backbone of Web3 financial infrastructure, evidenced by $1.5 trillion in on-chain transaction volume. The article also uncovers the alpha opportunities behind the emergence of Crypto Neobanks.

Fintech 4.0 is emerging: Stablecoins and programmable finance are fundamentally rewriting the underlying architecture of financial technology. Functions such as custody, settlement, and credit are no longer solely reliant on traditional banks but are increasingly supported by open networks, reducing startup costs from millions to thousands of dollars. This article analyzes how stablecoins are restructuring financial infrastructure, making it possible to create tailored financial products for specific groups, while also revealing the new competitive logic shaping the future of fintech.

This article discusses how tokenized deposits facilitate low-cost lending within the banking system, while stablecoins provide cross-border, 24/7, and permissionless solutions for capital movement. It further highlights that the future of the financial system lies in the coexistence and synergy of these two approaches.

StableChain is a USDT-native payment public chain supported by Bitfinex and Tether. This article provides an in-depth analysis of its vision, core features, technical architecture, team background, its differentiated advantages compared to stablecoin protocols such as MakerDAO and Frax, and explores its application prospects in the payment and DeFi ecosystems.

Through systematic comparison and technical case studies, this article examines how multi-party computation and fully homomorphic encryption break through traditional constraints to achieve encrypted shared states, paving the way for innovative applications.

This article provides an in-depth analysis of the USD1 stablecoin, launched by World Liberty Financial, revealing its distinctive approach across dimensions such as political endorsement, compliance framework, product mechanisms, and ecosystem expansion. By systematically comparing it with mainstream stablecoins like USDT, USDC, DAI, and FDUSD, this article explores how USD1 represents a new direction for the "nationalized digital dollar" paradigm, as well as the trust, liquidity, and regulatory challenges it faces.

The world of stablecoins in 2025 is sharply divided. Mainland China maintains its comprehensive ban on virtual currencies, categorizing stablecoins as illegal financial activities. In contrast, the global financial system is undergoing rapid transformation, driven by the accelerated integration of stablecoins and on-chain infrastructure. In this article, we use original regulatory texts as a foundation to analyze in depth the implications of “policy documents remain effective.” We also examine the dynamic evaluation of overseas stablecoins. The article explores significant changes in financial infrastructure through blockchain accounting, digital wallets, and asset tokenization, offering a clear perspective on the likely future trajectory of stablecoins.

The article analyzes stablecoin yield collapse caused by token depreciation, capital flight, and competition from traditional finance. It exposes "risk-free yields" as emission-driven bubbles, with DeFi yields now near zero. The piece traces the industry's boom-bust cycle, arguing sustainable yields require genuine revenue and risk pricing.

Through a detailed analysis of stablecoins' operational mechanisms and design differences, the article reveals their performance under market stress and their impact on the financial system.

The United States has introduced the GENIUS Act, aiming to establish a nationwide regulatory framework for stablecoins. This article delves into the core contents of the bill and its profound impact on industry and international policy.

The article not only highlights the advantages of stablecoins in transactions, payments, and cross-border settlements, but also analyzes their role in consolidating dollar hegemony and their importance as a financial lifeline in emerging markets.

This article provides a detailed analysis of Tether’s financial performance, the rapid growth of its gold holdings, and its integration across the gold supply chain. It reveals Tether’s vision to build a global financial institution that generates profits from U.S. Treasuries and is primarily backed by gold and Bitcoin.

The article provides a detailed comparison of Circle's and Tether's respective reserve management strategies. It also explains how these strategies affect each company's risk, transparency, and profitability.

Tether has evolved beyond stablecoin issuance. It is now one of the largest global gold purchasers. The company constructs its own vaults, acquires stakes in mining royalty companies, and advances the fusion of tokenized gold (XAU₮) with decentralized finance. Its ultimate goal is to create a new financial system, styled after a central bank but without borders, anchored by gold and Bitcoin.

The article not only outlines how stablecoin chains are reshaping the cryptocurrency payment landscape through high performance, low fees, and compliant design but also explores their profound impact on the DeFi ecosystem, traditional finance, and global financial regulation.