Market Trends & Risks - Banks are wary of crypto primitives like stablecoins due to potential impact on their business [1] - Stablecoin issuers are restricted from paying interest due to lobbying efforts, impacting market dynamics [1] - A potential financial crisis could drive individuals to self-custody solutions to limit counterparty risk against banks [1] - Banks may impose restrictions on withdrawals and CEXes to limit consumer deposit flight during a financial crisis [1] Regulatory Landscape - The new GENIUS Act bars stablecoin issuers from paying interest or yield to holders [1] - Regulatory actions and political figures could exacerbate the impact of a financial crisis on the crypto market [1] Investment Opportunities & Strategies - Increased demand for self-custodied and private money is anticipated in a financial crisis scenario [1] - Hardening private money systems in crypto is crucial to prepare for potential financial instability [1]

Stablecoin Market Growth (Q2 2025 - Oct 16, 2025) - Tether (USDT) experienced the largest growth, increasing by $2264 billion [1] - Circle (USDC) saw a significant increase of $1448 billion [1] - Ethena Labs' USDe grew by $718 billion [1] Emerging Stablecoins - PayPal's PYUSD increased by $170 billion [1] - FalconStable's USDf grew by $166 billion [1] Other Notable Stablecoin Growth - SkyEcosystem's DAI increased by $76182 million [1] - USDai_Official's USDai grew by $59635 million [1] - Global_dollar's USDG increased by $58989 million [1] - m0's M grew by $53121 million [1] - worldlibertyfi's USD1 increased by $52047 million [1]

Stablecoin Growth Analysis - Since Q2 end (Jul 1 – Oct 16, 2025), USDai experienced the highest growth at +$596.35 million [1] - cUSD saw a growth of +$222.48 million [1] - USX increased by +$211.76 million [1] - DUSD grew by +$161.39 million [1] - iUSD increased by +$151.37 million [1] - GUSD grew by +$148.09 million [1] - mUSD saw the smallest growth among the top 7, at +$87.19 million [1]

Japan's big banks join forces on stablecoins to speed corporate payments: Nikkei https://t.co/iZODDgXXXL ...

🇯🇵 BULLISH: Japan’s top banks, including Mitsubishi UFJ, SMFG, and Mizuho, will issue stablecoins for commercial applications https://t.co/MdhZxdZLg4 ...

Stablecoin Initiatives - Japan's major banks are preparing to launch stablecoins [1] - Stablecoins are intended for corporate and business transactions [1]

📰 #AscendEX Daily Updates🔷The supply of stablecoins on Ethereum has reached $180 billion, marking a new all-time high.🔷Gold has become the first asset in history to reach a market capitalization of $30 trillion.🔷U.S. stock index futures extended their decline, with Nasdaq futures down 1%.#AscendEX #Crypto #CryptoNews ...

Chainlink was highlighted in a new research report by KernelDAO (@kernel_dao) in collaboration with the Ethereum Foundation (@Ethereumfndn) Enterprise.Chainlink provides the institutional-grade infra that stablecoins require to meet the security, auditability, interoperability, and composability requirements essential for global payment applications ↓Kelp (@KelpDAO):The internet made everything on demand, from information to money.The next challenge: liquidity and credit.Global payments move $220T+ annually ...

RT Kelp (@KelpDAO)The internet made everything on demand, from information to money.The next challenge: liquidity and credit.Global payments move $220T+ annually, yet trillions sit idle in pre-funded accounts.Stablecoins solved speed, not liquidity.Introducing Kred: The Internet of Credit.At its core is KUSD, a fully collateralized, rewards-bearing stablecoin, backed by real-world repayments.@kernel_dao’s latest report by @GAmitej, @disankit, @indrajitghosh89, with contributions from @_ashmorgan_ ( @ethereu ...

Industry Perspective - Stablecoins and lending protocols are poised to become the foundation of global credit [1] - Visa's whitepaper highlights Morpho-powered use cases in stablecoin lending [1] Morpho's Role - Morpho's technology has facilitated the deployment of billions of stablecoins [1]