Core Insights - Abu Dhabi's stablecoin regime has initiated a competitive landscape for market share among major players like Circle and Tether, who have received crucial approvals from the Financial Services Regulatory Authority (FSRA) [1][7] Group 1: Regulatory Approvals - Circle and Tether have secured key approvals from the FSRA of Abu Dhabi General Markets (ADGM) for their stablecoins, USDC and USDT, respectively [1][7] - The FSRA's digital asset framework allows only approved "fiat-referenced tokens" for regulated activities within the ADGM, with a list of approved stablecoins published in November [2][7] Group 2: Market Dynamics - The approved list includes major stablecoins such as USDC, USDT, and USDP, reflecting the UAE's ambition to set a global standard for digital asset regulation [3] - Circle has obtained a Financial Services Permission (FSP) license, enabling it to offer additional services like wallets, payments, custody, and brokerage, giving it a competitive edge [4][5] Group 3: Competitive Landscape - While Circle's regulatory framework may not have previously allowed it to catch up with Tether, it could play a significant role in Abu Dhabi's institutional market, which is increasingly adopting stablecoins [6] - Paxos, a rival stablecoin issuer, has also received in-principle approval for crypto-brokerage and custody services, indicating a competitive environment [5]

RT PANews (@PANews)BNB Chain年度回顾：日活地址数居L1之首，稳定币供应量翻倍当许多公链在 2025 年陷入用户与流动性争夺战时，@BNBCHAIN 却悄悄交出了一份“全面开花”的成绩单——日活领跑、稳定币翻倍、RWA 爆发、Meme 文化制霸链上。| DEX 日活用户数位列第一当前，BNB Chain 的 DAU 稳定在 370 万左右，最高峰值达 500 万，位居所有 L1 区块链第一，市场占有率达 22.6%。opBNB 的日活跃用户数也位居所有 L2 区块链第一，稳定在 150 万左右，市场占有率达 41.9%。截至 12 月 8 日，累计 DEX 交易量突破 2 万亿美元，2025 年迄今交易量约达 6800 亿美元，月度峰值于 10 月达到 1192 亿美元。| Meme 叙事为年度“流量之王”今年 BNB Chain Meme 生态从基础设施爆发（https://t.co/EpPX0eYiEx）到社区狂欢（CZ @cz_binance @heyibinance 效应），实现了“赌场”向“半生态”转型，是链上最活跃叙事之一。上半年 BNB Chain 的 Meme 币交易 ...

RT Token Terminal 📊 (@tokenterminal)Stablecoin supply on @solana is up by ~200% since the start of 2025.The growth has been driven by @circle, @Tether_to, @PayPal, and @global_dollar. https://t.co/txYbWI7fMB ...

Stablecoin & Governance - Tether-backed StableChain launched its mainnet [1] - StableChain uses USDT for gas fees [1] - StableChain introduces STABLE governance token [1] - StableChain introduces Stable Foundation [1]

Core Viewpoint - Jamie Dimon, CEO of JPMorgan Chase & Co., supports blockchain and stablecoin technology, indicating the bank's willingness to leverage these innovations to enhance client services [1][2]. Group 1: Blockchain and Stablecoin - Dimon stated that blockchain technology is "real" and is becoming more "efficient" and "effective," with potential applications in smart contracts and tokenization [2]. - JPMorgan is actively working on a stablecoin and aims to utilize blockchain as a payment system to provide better, faster, and cheaper services for clients [2]. Group 2: Regulatory Considerations - Dimon emphasized the necessity for regulatory "guardrails" around blockchain and stablecoin technologies, highlighting the bank's commitment to compliance with existing rules and regulations [3]. - He expressed hope for the development of rational and fair regulations that would make these technologies usable [3]. Group 3: JPMorgan's Crypto Initiatives - JPMorgan recently launched a deposit token, JPM Coin, for institutional clients, enabling transactions via Coinbase's public blockchain Base [4]. - The bank plans to introduce a collateralization program by late 2025, allowing institutional clients to use Bitcoin and Ethereum as collateral for secured loans [4]. Group 4: Dimon's Stance on Bitcoin - Despite recognizing the utility of blockchain and stablecoins, Dimon remains critical of Bitcoin, questioning its intrinsic value and its association with criminal activities [5]. - He has expressed skepticism regarding Bitcoin's scarcity narrative, particularly the rationale behind the 21 million supply cap [5].

RT Sharps Technology (@stsssol)@solana now has the highest number of $USDC monthly senders, at nearly 3 million.Stablecoin flow continues to consolidate where execution is most efficient. https://t.co/kSDVYbkLIL ...

Regulatory Approval & Market Impact - CFTC (商品期货交易委员会) 批准 USDC 作为衍生品交易的抵押品 [1] - Circle 的 USDC 稳定币现在可以在 500 万亿美元的名义市场上进行保证金交易 [1] - 金融机构 (FCMs) 今天开始接受加密货币抵押品，并每周向监管机构报告 [1] USDC's Role & Significance - USDC (供应量为 780 亿美元) 成为唯一在 DeFi (去中心化金融) 和 TradFi (传统金融) 衍生品中均可使用的美元等值资产 [1] - 行业认为，USDC 不再仅仅是稳定币，而是基础设施 [1]

RT CryptoBizzle (@CryptoBizzle)S&P Global downgraded USDT’s stability score last month, citing Tether’s growing pile of bitcoin and opaque investments.Tether: Don't care. We're funding Italian humanoid industrial robots now.https://t.co/50qm4FMccv ...

Tether announced that its USDT stablecoin has been officially recognized as an Accepted Fiat-Referenced Token (AFRT) by the Abu Dhabi Global Market (ADGM) for use on multiple blockchains, including Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON. The approval allows ADGM-authorized entities to conduct regulated activities involving USDT across these networks. This recognition expands upon ADGM’s earlier approval, which covered USDT on Ethereum, Solana, and Avalanche. With this extension, U ...

Stablecoin supply on @solana is up by ~200% since the start of 2025.The growth has been driven by @circle, @Tether_to, @PayPal, and @global_dollar. https://t.co/txYbWI7fMB ...