加密支付应用 Brighty 联合创始人 Nikolay Denisenko 表示，过去一年已有数百名高净值投资者使用加密 货币在欧洲购房。该平台已撮合100 余笔交易，主要集中在英国、法国、马耳他、塞浦路斯和安道尔， 单笔金额约 50 万–250 万美元。此前高净值客户多使用 Circle 发行的 USDC，目前为避免兑换成本，越 来越多客户转向锚定欧元的稳定币（如 EURC）。（CoinDesk） （来源：吴说） ...

Core Viewpoint - World Liberty Financial, backed by President Donald Trump, has applied for a U.S. national banking license to issue and custody its dollar-pegged stablecoin, World Liberty Financial USD (USD1) [1][2]. Group 1: Company Developments - The subsidiary WLTC Holdings LLC has applied to establish World Liberty Trust Company, National Association, aimed at stablecoin operations [2]. - The proposed trust company will cater to institutional clients, including cryptocurrency exchanges and investment firms, and will manage the issuance and redemption of USD1, valued at $2.8 billion [3]. - The trust will also offer digital asset custody and stablecoin conversion services, allowing holders of other stablecoins to convert them into USD1 [3]. Group 2: Regulatory Compliance - World Liberty Financial stated that the trust bank will comply with the GENIUS Act and anti-money laundering laws [4]. Group 3: Family Involvement and Controversy - The Trump family has significant investments in World Liberty Financial, with nearly 22.5 billion tokens owned, valued at approximately $3.84 billion at the current price of $0.1709 per token [5][6]. - The family's involvement in the cryptocurrency sector has faced criticism, with Senator Elizabeth Warren labeling their financial gains from the WLFI token as "plain and simple" corruption [6].

Core Insights - Stablecoin payment flows are projected to reach $56.6 trillion by 2030, indicating a significant growth trajectory in global finance [1] - Total stablecoin transaction value surged to $33 trillion in 2025, marking a 72% year-on-year increase [2] - The growth of stablecoins is driven by real-world usage, particularly in cross-border payments and business settlements, rather than speculative trading [2] Transaction Volume - Circle's USDC led the stablecoin market with a transaction flow of $18.3 trillion in 2025, while Tether's USDT processed $13.3 trillion, together accounting for over 95% of all stablecoin volume [3] - Despite USDC's transaction volume leadership, USDT maintains a dominant market cap of $186.9 billion, more than double USDC's $74.9 billion [3] Market Dynamics - USDT is preferred for day-to-day payments and business transactions, while USDC is favored in decentralized finance platforms [4] - The demand for US dollar exposure in emerging markets, along with inflation and geopolitical instability, is driving stablecoin growth [4] Institutional Involvement - Traditional financial institutions are increasingly engaging with stablecoin technology, as evidenced by Barclays' equity stake in Ubyx, a fintech focused on stablecoin clearing infrastructure [5] - Wyoming has launched the Frontier Stable Token (FRNT), the first fiat-backed stablecoin issued by a US state, aimed at funding public services and lowering transaction costs [6] - JPMorgan plans to integrate its bank-issued deposit token, JPM Coin, into the Canton Network, a public blockchain for tokenizing financial instruments [7]

Core Insights - Wyoming has transitioned from a state known for traditional industries to a hub for cryptocurrency, embracing digital assets and creating a favorable legal environment for crypto companies [1][2] Group 1: Legal Framework and Innovation - Wyoming has established itself as a leader in drafting comprehensive crypto laws, creating a legal "bridge" between traditional law and digital assets, which provides specific protections for crypto companies [2] - The state has launched the Frontier Stable Token (FRNT), the first stablecoin issued by a US state, aimed at providing a stable digital currency pegged to the U.S. dollar [3] Group 2: Financial Structure and Management - FRNT is backed by cash and short-term US Treasuries, with state law requiring additional reserves, ensuring that the stablecoin is overcollateralized with a +2% buffer [4] - The reserves for FRNT will be managed by Franklin Templeton, a major investment firm with over $1 trillion in assets, while custody will be handled by Fiduciary Trust Company International [4] Group 3: Market Position and Profit Utilization - The stablecoin market is currently valued at over $312 billion, with significant profits generated by stablecoin issuers like Tether, which reported over $10 billion in profits by Q3 2025 [6] - Unlike other stablecoin issuers, Wyoming plans to allocate all profits from FRNT to fund education through the Wyoming School Foundation Program, rather than distributing profits to shareholders [7]

Core Insights - The US has validated the cryptocurrency industry, allowing major players to invest significantly, particularly through Spot Bitcoin and Ethereum ETFs, which are seen as transformative [1] - South Korea, which previously imposed strict regulations on cryptocurrencies, is now focusing on stablecoin legislation as a critical next step [2] Group 1: South Korea's Regulatory Landscape - South Korea had previously banned crypto ICOs and mandated licensing for operators, which has benefited current holders [2] - The country has paused its development of new crypto laws due to disagreements among regulators on who should issue won-backed stablecoins [3] - Stablecoin trading in South Korea is growing, with local users transacting tens of billions of dollars annually [3] Group 2: Stablecoin Market Dynamics - Korean won-based stablecoin purchases reached approximately $64 billion in the year ending June 2025, attracting the attention of central banks [4] - The Bank of Korea (BoK) insists that only bank-led groups should issue stablecoins, requiring banks to own at least 51% to ensure compliance with financial laws [5] - The Financial Services Commission (FSC) advocates for a more flexible model allowing fintech firms to issue stablecoins under strict reserve and redemption rules, which could enhance competition and consumer choice [6] Group 3: Future Outlook - A resolution regarding stablecoin legislation in South Korea is anticipated in Q1 2026, indicating that the government is still committed to the project despite current delays [6] - The ongoing regulatory challenges may inadvertently strengthen the dominance of USD stablecoins in the market [7]

Core Insights - The total transaction value of global stablecoins reached $33 trillion in 2025, marking a 72% increase from the previous year, with USDC leading the market [1] - The passing of the GENIUS Act in July 2025 established a comprehensive regulatory framework for payment stablecoins in the U.S., contributing to the surge in stablecoin transactions [1][2] Transaction Insights - USDC processed $18.3 trillion in transactions, becoming the most-used stablecoin by transaction flow, while Tether's USDT recorded $13.3 trillion [1] - In Q4 2025, stablecoin transaction volumes hit $11 trillion, up from $8.8 trillion in Q3 [5] Market Predictions - Bloomberg Intelligence forecasts that stablecoin payment flows could reach $56 trillion by 2030, despite warnings from regulators about potential disruptions to traditional finance [5] User Preferences - DeFi traders prefer USDC for its utility in moving in and out of positions, while users in inflation-affected countries favor USD-pegged stablecoins for ease of access [3] - Tether is more commonly used for everyday payments and business transactions, with users typically holding its value rather than actively trading it [4] Regulatory Impact - The GENIUS Act has facilitated broader adoption of digital assets among major financial and tech institutions, with companies like Standard Chartered and Amazon exploring their own stablecoin offerings [6]

Core Insights - Polygon Labs has launched the Open Money Stack to enhance regulated stablecoin payments and bridge the infrastructure gap between wallets, fiat access, routing, compliance, and on-chain settlement [1][2] Group 1: Infrastructure and Functionality - The Open Money Stack is designed to facilitate seamless money movement between off-chain and on-chain systems, ensuring instant and reliable transfers while maintaining regulatory controls and interoperability [2] - The stack integrates blockchain rails with orchestration, wallet infrastructure, indexers, RPCs, on- and off-ramps, stablecoin interoperability, compliance tools, identity, and on-chain earning [7] Group 2: Market Context and Trends - The launch aligns with Visa's recent expansion of USDC settlement in the U.S., allowing banks to settle obligations using stablecoins, and reflects a broader trend of regulatory normalization in the U.S. for crypto and stablecoin firms [3] - On-chain activity is increasing, with stablecoin supply on Polygon reaching a three-year high of $3.3 billion, indicating its growing role as a preferred settlement layer for fintechs and institutions [4] Group 3: Long-Term Vision - Polygon's leadership envisions a transformation of money akin to the internet's impact on information, aiming to enable assets to move freely and instantaneously across borders [5] - Over the past six years, the Polygon Chain has facilitated more than $2 trillion in on-chain value transfer, providing insights into operating blockchain systems at a global scale [6]

World Liberty Financial, a crypto venture backed by members of US President Donald Trump’s family, has applied to create a national trust bank centred on stablecoin activities. World Liberty Financial’s subsidiary WLTC Holdings has lodged a “de novo” application with the US Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The proposed institution would be responsible for issuing and safeguarding USD1, a dollar-referenced stablecoin launched by World Liberty last year. ...

Trump's WLFI eyes U.S. banking license. | Credit: Hameem Sarwar / CCN. Key Takeaways Trump-affiliated WLFI applied for an OCC trust bank charter to issue/custody USD1 under federal rules.  USD1 has become one of the fastest-growing stablecoins through partnerships. WLFI has been involved in a number of controversies and scandals since its launch. President Donald Trump-backed World Liberty Financial (WLFI), a decentralized finance (DeFi) protocol, has filed for a United States national trust bank ch ...

Crypto firm World Liberty Financial, a Trump-family venture and closely linked to US President Donald Trump, applied for a national banking charter on Wednesday, Jan. 7. The latest report shows that they have submitted the national charter application to the US Office of the Comptroller (OCC) to establish the World Liberty Trust Company (WLTC). If the OCC approves the Trust company, it would directly issue the USD1 stablecoin, a USD-pegged stablecoin linked to World Liberty Financial. The firm stated tha ...