⚡ HUGE: Circle's $USDC saw a $2B change in circulation over the last 7 days. https://t.co/pVbGoG2md1 ...

Stablecoin Market - USDT on Ethereum is again the largest stablecoin deployment by supply [1] - The supply of USDT on Ethereum has increased by approximately $15 billion since May [1]

When a Wall Street firm issues a stablecoin on @ethereum, it benefits from ~$150 billion of economic security from ~1.1 million geographically distributed validators.Another big benefit is that the firm is not issuing assets on a competitor's chain, but on neutral ground. https://t.co/TLvboHuPFR ...

Investment Thesis on Hedera (HBAR) - The analyst maintains a bullish outlook on HBAR, anticipating it to reach a top-five position in the cryptocurrency market cycle [2][3][12] - The analyst believes that HBAR has the potential for significant growth, possibly a 12x return to reach Solana's market cap or a 12.7x return to reach BNB's market cap [14] - The analyst emphasizes the importance of monitoring key price levels for potential buy opportunities, particularly around the 20.5% cent level, cautioning about potential drops to the 16.5%-19.5% cent range [8][9][10] Market Dynamics and Utility - The cryptocurrency market is currently not driven by utility but by Bitcoin and Ethereum's dominance, with a shift towards utility-driven cycles expected in the future [6][7][10] - The analyst notes that altcoins are experiencing a period of consolidation and potential wipeout before a significant upward movement [5] - The analyst highlights the potential for significant market cap growth for altcoins, suggesting that a top-10 position could require a $100 billion market cap by the end of the cycle [13] Hedera's Technological Advancements and Partnerships - Hedera has been selected by Wyoming to host FR&T, the first US state-issued stablecoin, indicating its technological edge and regulatory alignment [25][26][31] - Hedera's technology offers fast settlement, predictable costs, and trusted governance, making it suitable for various real-world financial applications [34][35] - Hedera is experiencing increased adoption across its ecosystem, including stablecoin, AI, and tokenization studios, as well as Hedera Guardian [27][28][29] Tokenization and Real-World Assets (RWAs) - Hedera is involved in tokenization initiatives, with Goldman Sachs and other institutional players showing interest in the space [18][19] - Hedera is tracking RWAs, with initial assets including Libre Capital, US Treasuries, and Diamond Standard Coin, with the expectation of more value being added [21][22][24] - The launch of stablecoins on Hedera and the tokenization of RWAs are expected to drive demand for HBAR [42][43]

Market Trend - SyrupUSDC 总供应量突破 10 亿美元 [1] - SyrupUSDC 仅用一年时间就从零增长到 10 亿美元，成为历史上第五个达到这一里程碑的收益美元资产 [1]

Project Overview - ChainSecurity audited mUSD, MetaMask's native digital dollar [1] - mUSD is powered by m0's universal stablecoin platform [1] Technology - MetaMask's wallet and ecosystem utilize mUSD [1]

Stablecoin Market Dynamics - Ethereum's dominance in stablecoin transfers is not significant, indicating limited early cannibalization [1] - Tron appears to be the biggest loser in stablecoin transfers, followed by Solana, Polygon, and L2s [1] - Ethereum stablecoin usage is primarily driven by yield farming, DeFi activities, and long-term holding [1] - Growth in stablecoins is generally bullish for the crypto market [2] Stripe's Impact - Stripe's choice of an L1 over an L2 may reduce demand for ETH holding and fee burning [1] - Stripe's ownership of the full stack (Bridge, Privy, Tempo) funnels users and volume into its ecosystem, potentially diverting them from Ethereum blockspace [2] - A potential coin launch by Tempo could further dilute capital and attention [2] - Stripe's adoption of EVM compatibility is a positive aspect [2] Ethereum (ETH) Outlook - It's difficult to definitively frame Stripe's actions as bullish for ETH [3] - New users entering via Stripe could eventually participate in Ethereum DeFi [2]

RT Token Terminal 📊 (@tokenterminal)🥇🏎️ @Tether_to's USDT on @ethereum is on track to become the biggest stablecoin deployment by supply.The supply of USDT on Ethereum has increased by over $10 billion since May. https://t.co/RpLBQMCUZX ...

RT Nick Almond (@DrNickA)Can’t think of any coherent argument of how any value from the stablecoin L1’s would flow back to Ethereum. The opposite of anything, they will leech mainnet and as much of the ecosystem as they can.It’s just business etc ...

$mUSD is coming later this year.More info: https://t.co/8xJ2UVmHHLMetaMask.eth 🦊 (@MetaMask):Today, we're announcing MetaMask USD ($mUSD) - MetaMask's native stablecoin. 🦊MetaMask is the first self custodial wallet to launch a stablecoin, and we have big plans for it. 🧵👇 https://t.co/bbUqYGWXJw ...