Core Insights - Tether emerged as the most profitable crypto entity in 2025, generating an estimated $5.2 billion in revenue, accounting for 41.9% of all stablecoin-related revenue [1][3] - Dollar-backed digital currencies have proven to be the most durable revenue engine in the crypto market despite fluctuating conditions [2] - Among over 168 crypto protocols tracked, stablecoin issuers collectively generated the highest revenue, with Tether leading the way [3] Revenue Generation - Tether and Circle produced 65.7% of total earnings among the top ten revenue-generating protocols, amounting to approximately $8.3 billion [4] - The remaining six protocols in the top ten were trading-focused platforms, indicating a significant divide between stable revenue streams and market-dependent income [4] Market Dynamics - The stablecoin market capitalization reached a record $311.0 billion, with a year-over-year increase of 48.9%, adding $102.1 billion as adoption accelerated [6] - Tether holds a 60.1% share of the total stablecoin market cap, approximately $187.0 billion, followed by Circle's USDC at 24.2% or $72.4 billion [6] Asset Value - Tether is now the world's third-largest digital asset by market value at $186.8 billion, reflecting a 50% increase from the previous year [7] - Shifts within the top five stablecoins indicate changing risk appetites, with Ethena's USDe experiencing a significant market cap decline of 57.3% [7]

Sui Group Holdings (SUIG), the only Nasdaq-listed company with an official relationship with the Sui Foundation, is positioning itself to become the most economically important player in the blockchain's ecosystem, according to Stephen Mackintosh, the company’s chief investment officer. Formerly known as Mill City Ventures, the U.S.-based specialty finance firm rebranded to Sui Group Holdings in 2025 as it pivoted toward a foundation-backed digital asset treasury (DAT) strategy centered on SUI, the native ...

Stablecoin issuers are generating billions in real revenue using Ethereum as their primary settlement layer.In 2025, stablecoin issuers earned approximately $5 billion in revenue attributable to stablecoin supply deployed on Ethereum.Throughout the year, stablecoin supply on Ethereum increased by ~$50 billion, surpassing $180 billion by Q4. Issuer revenue rose alongside this growth, reaching roughly $1.4 billion per quarter by Q4.This revenue is driven by yield earned on reserve assets backing stablecoin su ...

According to CoinGecko Research, Tether led crypto protocol revenue in 2025 with about $5.2B, accounting for 41.9% of total revenue across 168 protocols. Stablecoin issuers dominated, with four entities contributing 65.7% (~$8.3B), while the rest were mainly trading protocols. Tron ranked second at ~$3.5B, driven by its role as a major USDT transaction network.https://t.co/3oKuEqhxRZ ...

OPINION: The stablecoin yield fight isn't about crypto—it's about who profits from consumer deposits as expectations shift toward balances earning by default rather than banks capturing returns.By @TuongvyLe12.https://t.co/0eBoBNuzdm ...

Core Viewpoint - Western Union, despite its recent stock performance, has potential for recovery and growth due to its profitability, turnaround plans, and high dividend yield [1][2][10]. Group 1: Financial Performance - Western Union has maintained regular quarterly dividend payments of $0.235 per share, resulting in a forward dividend yield of 10.3% [1][6]. - The company has consistently reported positive GAAP earnings, with a dividend payout ratio around 55%, indicating that earnings are sufficient to cover dividends [5][6]. - Over the past five years, total returns for Western Union have declined by 40%, contrasting with a 92% gain for the S&P 500 [2]. Group 2: Turnaround Strategy - Western Union is transitioning into a digital-first payments company and expanding into consumer services such as travel money, bill payment, and prepaid card services [7]. - The company is acquiring International Money Express, which is expected to be immediately accretive to shareholders, and is entering the stablecoin market with the planned launch of the U.S. Dollar Payment Token (USDPT) [8]. - Management anticipates a 20% revenue growth from 2026 to 2028, with projected earnings between $2.15 and $2.45 per share, which could significantly impact the stock price [9]. Group 3: Investment Potential - If the turnaround is successful, shares are expected to rise in line with increased earnings, and a return to moderate growth could lead to a rerating of the stock [10]. - Currently, the stock trades at 5.1 times forward earnings, and if it receives a higher multiple of 7.5 times earnings, the stock price could potentially double within two years [11].

Core Insights - Agora, a startup founded by Nick van Eck, is targeting the stablecoin market beyond crypto-native trading, focusing on stablecoin-powered enterprise payments [1][2] - The total value locked (TVL) in Agora's decentralized finance (DeFi) initiatives grew by 60% last month, indicating strong growth in this sector [1] - Agora issues AUSD, a U.S. dollar-backed stablecoin, and provides stablecoin-as-a-service for crypto projects, although van Eck advises that this service is only suitable for closed-loop ecosystems [2] Industry Trends - The adoption of stablecoins by traditional firms is expected to be slow due to infrastructure challenges, lack of internal policies, and educational gaps [2] - The potential for cost savings in cross-border payments is significant, with a 1% revenue saving translating to a 5% increase in EBITDA for companies [2] - Major firms are predicted to consolidate activity into a few dominant chains, as they leverage their resources and distribution capabilities [3] Company Ambitions - Agora aims to become one of the top five global stablecoin issuers by developing user-friendly tools for businesses [3] - The company recognizes that traditional firms prefer solutions that resemble bank accounts but offer enhanced features [4]

Core Insights - The article discusses the differences between two stablecoins, USD Coin (USDC) and PayPal USD (PYUSD), emphasizing their distinct use cases and target audiences [2][3][5]. Company Overview - Circle Internet, the issuer of USDC, has established itself as a leader in the crypto economy with a focus on regulatory compliance and transparency, boasting $73.7 billion in circulation as of January 21, 2026, which accounts for a 24% share of the global stablecoin market [6]. - PayPal, on the other hand, offers PYUSD primarily for its users on PayPal and Venmo, catering to consumers who prefer a familiar payment environment without engaging deeply in the complexities of decentralized finance [5][8]. Market Position - USDC serves as the default dollar for the crypto economy, widely used for trading on exchanges, decentralized finance protocols, and cross-blockchain transactions, with an on-chain transaction volume reaching $9.6 trillion in Q3 2025, reflecting a 580% year-over-year increase [7]. - PYUSD is designed as an entry point for mainstream users, allowing them to buy, hold, and send digital assets within the PayPal ecosystem, but it is not intended for extensive use in decentralized finance [5][8]. Utility and Functionality - Both USDC and PYUSD are pegged 1:1 to the U.S. dollar, ensuring they maintain their value rather than appreciate over time [8]. - USDC is tailored for crypto-native users who actively trade and utilize decentralized finance, while PYUSD simplifies the experience for everyday users who may not want to delve into the mechanics of cryptocurrency [8].

One-time Olympic snowboarder Ryan James Wedding was accused of using stablecoin Tether to fuel a cocaine smuggling and murder operation in Latin America and the U.S. https://t.co/8JRD2hKxAb ...

BANKS DECLARE WAR ON STABLECOIN YIELDS: Will They Crush Crypto in 2026? BitGo CEO Says NO – Crypto's Unstoppable Long-Term! LIVE Breakdown https://t.co/kOUIO3FWwu ...