Stablecoins
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X @Santiment
Santiment· 2025-10-16 15:28
RT Santiment (@santimentfeed)🗣️The top trending tokens in crypto across social media, based on the highest discussion rates above normal, are:🪙 The word 'pyusd' is trending due to a major incident involving the Paxos company mistakenly minting $300 trillion worth of PYUSD stablecoins on the Ethereum blockchain. This event caused significant attention as it represents an enormous and unusual amount of stablecoins being created and then quickly burned to correct the error. The incident was widely discussed on ...
Are stablecoins and digital assets driving the gold rally? – Morgan Stanley CIO Shalett
KITCO· 2025-10-16 15:21
Group 1 - Morgan Stanley is a prominent investment bank that provides a range of financial services including investment management, securities, and wealth management [1][2] - The company has a strong focus on market analysis and research, leveraging its extensive experience in the financial sector to identify investment opportunities [1][3] - Morgan Stanley's analysts are known for their in-depth reports and insights into various industries, helping clients make informed investment decisions [1][3] Group 2 - The firm has been actively involved in the cryptocurrency market, reflecting the growing interest and investment in digital assets [1][3] - Morgan Stanley's research capabilities allow it to stay ahead of market trends, providing valuable information to its clients [1][2] - The company emphasizes the importance of accurate and timely information in the fast-paced financial environment [1][3]
Crypto Market Cap Hit Highest Levels Since 2021 in Q3: CoinGecko
Yahoo Finance· 2025-10-16 15:08
Market Overview - The crypto market experienced a strong performance in Q3 2025, with total market capitalization increasing by 16.4% to reach $4 trillion, the highest since late 2021 [1] - Average daily trading volume rose by 43.8% to $155 billion, reversing previous declines in Q1 and Q2 [2] Stablecoins and DeFi - Stablecoins saw an 18.3% increase in market capitalization, reaching a record $287.6 billion, with Ethena's USDe gaining 177.8% to $9.4 billion [3] - DeFi's total value locked (TVL) surged by 40.2% to $161 billion, with the DeFi market cap climbing to $133 billion, indicating a growing appetite for decentralized services [4] Ethereum and BNB Performance - Ethereum (ETH) rose by 68.5% to close Q3 at $4,215, with trading volume nearly doubling to $33.4 billion due to significant inflows into US spot ETH ETFs [5] - BNB reached a new all-time high of $1,048 during the quarter, ending at $1,030, reflecting a 57.3% increase [6] Exchange Volumes - Centralized exchanges (CEXs) reported a 31.6% increase in quarterly spot volumes to $5.1 trillion, with Binance maintaining a 40% market share [7] - Perpetual decentralized exchanges (Perp DEXes) saw trading volumes rise by 87% to $1.8 trillion, with Hyperliquid holding a 54.6% market share [8]
X @Decrypt
Decrypt· 2025-10-16 14:56
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market► https://t.co/iAgSQnre6l https://t.co/iAgSQnre6l ...
X @BREAD | ∑:
BREAD | ∑:· 2025-10-16 14:25
First we thought we were making digital money, then found PMF bringing offchain money onchain (stables).What if gold just comes onchain and that's the thing everyone wants instead of our digital gold (BTC)?https://t.co/EDwaCK9xVo ...
X @Cointelegraph
Cointelegraph· 2025-10-16 14:00
Overview - The company focuses on providing "invisible rails" for payments, bridging fiat and stablecoins globally [1] - The company emphasizes a compliance-first infrastructure for digital finance [1] Event - An AMA (Ask Me Anything) session with @OwlTing is scheduled for October 17th at 2 PM GMT [1] - The AMA will explore OwlTing's Nasdaq milestone, cross-border payouts, and global on/off ramp solutions [1]
X @Polygon
Polygon· 2025-10-16 13:25
Industry Perspective - Stablecoins initiated the trend, and TradFi now recognizes it as financial infrastructure, not just an asset class [1] Market Recognition - The industry acknowledges the shift in perception towards stablecoins and their role in financial infrastructure [1]
X @Bloomberg
Bloomberg· 2025-10-16 13:18
Federal Reserve Governor Michael Barr said more specific regulation is needed to safeguard stablecoins, which he said have the capacity to provide a variety of benefits to the financial system https://t.co/ruVuzlKlrJ ...
Wall Street Targets To Open Positive
RTTNews· 2025-10-16 12:42
Economic Announcements - The U.S. Jobless Claims for the week are expected to be released with a consensus of 229K for initial claims [2] - The PPI-Final Demand for September is anticipated to rise by 0.3 percent, compared to a decrease of 0.1 percent in the previous month [3] - The Commerce Department's Retail Sales for September is projected to increase by 0.4 percent, down from a 0.6 percent rise in August [3] - The Philadelphia Fed Manufacturing Index for October is expected to be 7.5, a significant drop from 23.2 in the prior month [3] - Business Inventories for August are forecasted to increase by 0.2 percent, consistent with the previous month [4] - The Housing Market Index for October is expected to be 33, slightly up from 32 [4] Federal Reserve Speeches - Fed Governor Michael Barr will discuss 'Stablecoins' at 9.00 am ET [6] - Fed Governor Christopher Waller will address the economic outlook at the Council on Foreign Relations at 9.00 am ET [6] - Fed Vice Chair Michelle Bowman will speak at the Federal Reserve Stress Testing Research Conference at 10.00 am ET [7] - Richmond Fed President Thomas Barkin will present on 'Staying Sanguine About the Horizon' at 4.30 pm ET [7][8] Market Performance - Asian shares finished mostly higher, with Japan's Nikkei average rising by 1.27 percent to 48,277.74 [9] - The Australian benchmark S&P/ASX 200 climbed 0.86 percent to a record closing high of 9,068.40 [10] - In the Asian trading session, gold prices reached above $4,230 an ounce, marking a record run [10]