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Crypto Market Cap Hit Highest Levels Since 2021 in Q3: CoinGecko
Yahoo Finance· 2025-10-16 15:08
The crypto market recorded another strong quarter in 2025 Q3, extending its rally for the third consecutive period. Total market capitalization surged 16.4%, adding $563.6 billion to reach $4 trillion, marking the highest valuation since the bull run of late 2021. CoinGecko’s newly released Q3 2025 Crypto Industry Report described the quarter as the market’s “second leg of recovery,” driven by a surge in liquidity, renewed institutional inflows, and a sharp rebound in trading activity. Average daily trad ...
Bitget Wallet 在亚太地区推出加密货币支付卡
Globenewswire· 2025-10-16 15:01
圣萨尔瓦多,萨尔瓦多, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Bitget Wallet 在亚太部分市场正式推出 Bitget Wallet Card,将加密货币支付服务版图拓展至全球最具活力的地区之一。 Bitget Wallet Card 将自托管数字资产直接接入 Mastercard 超过 1.5 亿家商户以及 Visa 覆盖 200 多个国家/地区的支付网络,让加密货币可用于日常消费。 用户可在 Bitget Wallet 应用程序上申请开卡,通过全数字化开户流程即时获得批准,然后将该卡添加至 Apple Pay 或 Google Pay,便可在全球范围内进行支付。 交易时,通过链上兑换以及充值 USDT 和 USDC 可实现即时到账,且充值免手续费。 “在亚太地区推出 Bitget Wallet Card 是我们战略部署的重要里程碑,”Bitget Wallet 首席营销官 Jamie Elkaleh 表示, “这深化了我们融合自托管、合规性和实际应用价值的愿景,即为用户提供使用数字资产进行消费、储蓄和盈利的单一门户。” Bitget Wallet Card 此番进军 ...
Visa Thinks Stablecoins Can Break Into the $40 Trillion Credit Market
Yahoo Finance· 2025-10-16 14:55
Core Insights - Visa's report suggests that stablecoins could significantly impact the $40 trillion global credit market by enabling traditional institutions to utilize blockchain technology for lending [1][2] Group 1: Stablecoin Market Overview - Stablecoins have facilitated $670 billion in lending over the past five years, with 1.1 million unique borrowers and an average loan size of $76,000, which increased to $121,000 in August [3] - Circle's USDC and Tether's USDT dominate the stablecoin borrowing market, accounting for 98% of the total, with USDT at $181 billion and USDC at $76 billion, representing 83% of the $307 billion stablecoin market cap [4] - The stablecoin market cap has increased by $100 billion since the beginning of the year, partly due to the GENIUS Act, which established a regulatory framework for U.S. issued stablecoins [4] Group 2: Future Predictions and Trends - Users on Myriad predict that the total stablecoin market capitalization will reach $360 billion by January 2026, with 67% of users believing the $53 billion gap can be closed by then [5] - The International Monetary Fund (IMF) highlights that stablecoin adoption could provide alternatives to traditional safe assets and facilitate cross-border transactions, but also raises concerns about potential risks in the financial system [6] Group 3: Industry Developments - Paxos, a stablecoin issuer, mistakenly minted and then burned $300 trillion worth of PayPal USD (PYUSD), clarifying that there was no security breach and customer funds remain safe [6][7]
Tether Co-Founder Reeve Collins: ‘Stablecoin 2.0’ Is Here and It’s a Threat to Banking Systems
Yahoo Finance· 2025-10-16 14:47
Reeve Collins Warns Stablecoin 2.0 Could Disrupt Global Banking Systems. | Credit: Jakub Porzycki/NurPhoto via Getty Images Key Takeaways Allegations have emerged of a lobbying effort to pardon Sam Bankman-Fried. The allegations came just one day before a new interview with Bankman-Fried was released. Despite speculation, there is no official sign that the Trump administration is considering a pardon. Stablecoins are entering what Tether co-founder Reeve Collins calls their “2.0 era,” a new genera ...
Citizens Sees SharpLink as a Breakout Ether Treasury Play With More Than 200% Upside
Yahoo Finance· 2025-10-16 14:24
Core Viewpoint - Citizens has initiated coverage of SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, indicating potential upside of over 200% from its current trading price of approximately $15.45 [1] Group 1: Company Strategy and Positioning - SharpLink has emerged as a significant ether (ETH) treasury operator, actively managing its ETH assets through staking and yield-bearing strategies to enhance value over time [2] - The company aims to actively manage its ETH balance sheet, issuing equity at a premium to net asset value (NAV) or repurchasing shares when trading below NAV, while leveraging its ETH reserves for on-chain yield opportunities [3] - SharpLink's strategy is designed to position it as a market leader as ether evolves into a global financial asset, combining operational leverage on-chain with financial discipline off-chain [5] Group 2: Leadership and Valuation - Citizens assigned a premium valuation to SharpLink, highlighting the leadership of Joseph Lubin, co-founder of Ethereum, and Joseph Chalom, a former BlackRock executive, as key to scaling the treasury model [4] - The company's recent direct stock offering raised $76.5 million, priced above market, reflecting investor confidence in its growth strategy [5]
Bank of England Promises ‘Temporary’ Stablecoin Caps – But Sets No End Date
Yahoo Finance· 2025-10-16 14:18
The Bank of England will impose “temporary” limits on stablecoin holdings to protect credit availability, but has not specified when the caps will be lifted, Deputy Governor Sarah Breeden confirmed on Tuesday. The central bank plans limits of £10,000-£20,000 for individuals and £10 million for businesses on systemic stablecoins used for payments. Breeden stated, “we would expect to remove the limits once we see that the transition no longer threatens the provision of finance to the real economy.” Howeve ...
“We’re 10 Years Behind”, SEC Chair Vows to Fast-Track U.S. Crypto Progress
Yahoo Finance· 2025-10-16 14:09
SEC Chair Paul Atkins has acknowledged that the U.S. is ’10 Years Behind’ in crypto regulation and pledges to fast-track crypto progress. According to him, “The crypto aspect is our job one,” marking it as a priority for the regulatory body. During the DC Fintech Week event at Amazon HQ on Wednesday, Atkins stated that the SEC intends to build a robust framework to bring back industry participants who may have left the country, enabling innovation to flourish. Atkins Vows to Fast-Track U.S. Crypto Progr ...
Stablecoins Surge to Record $314B Market Cap as Institutional Race Heats Up: Canaccord
Yahoo Finance· 2025-10-16 13:46
Core Insights - The stablecoin market has reached an all-time high capitalization of over $314 billion, driven by Tether's USDT and Circle's USDC [1] - The GENIUS Act allows compliant stablecoins like USDC to be treated as cash by the U.S. government, enhancing confidence in the sector [1][2] - Analysts believe stablecoins are positioned to become the "money layer" of the internet, providing essential payment infrastructure and facilitating international money transfers [2] Market Dynamics - The stablecoin market remains underpenetrated compared to the U.S. M2 money supply, indicating significant growth potential through 2026 as new entrants and use cases emerge [3] - Tether, holding nearly 70% market share, plans to launch a U.S.-regulated dollar stablecoin called USAT by the end of 2025, seeking to raise $15 billion to $20 billion for expansion [4] - Major financial institutions, including Citigroup and Visa, are exploring their own stablecoin initiatives, intensifying competition in the market [5] Broader Implications - The adoption of stablecoins is expected to catalyze the broader cryptocurrency economy, enhancing investment in digital wallets, custody solutions, and decentralized finance (DeFi) applications [6] - As stablecoins integrate into the financial system, they will strengthen the infrastructure supporting the wider crypto industry [7]
币圈又出大洋相
财联社· 2025-10-16 13:31
以下文章来源于科创日报 ,作者史正丞 科创日报 . 科创圈都在关注的主流媒体,上海报业集团主管主办,《科创板日报》出品。 一笔凭空出现、又在短时间内消失的300万亿美元稳定币,又一次展现加密产业的荒蛮暗面。 据以太坊区块链观察工具Etherscan的记录显示, 北京时间周四凌晨3时许,知名交易平台PayPal的加密产业合作伙伴Paxos在以太坊区块 链上铸造了300万亿个PayPal稳定币PYUSD ,纸面价值对应300万亿美元。 (来源:Etherscan) 这起错误交易的金额也令其他"乌龙指"事件相形见绌。要知道 美国国债规模只有37万亿美元 ,全球所有国家的GDP之和,也不到300万亿 美元的一半。CoinMarketCap数据显示,作为全球第六大稳定币,PYUSD的市值规模只有26亿美元。 Paxos随后发布公告称, 这起事件是公司在进行内部转账时错误铸造了超额的PYUSD 。事发后,公司在第一时间发现错误,并销毁了超额 部分。Paxos强调,此次事件属于内部技术故障,不存在安全漏洞,客户资金也安全无虞。 该事件短暂地扰乱了去中心化金融市场,PYUSD价格短暂脱锚1美元基准,后续随着超发稳定币被销毁迅 ...
X @Coinbase 🛡️
Coinbase 🛡️· 2025-10-16 13:04
DEX trading is live for all U.S. users (ex. NY).https://t.co/heH9SV1k37Coinbase 🛡️ (@coinbase):Check your phone - the wait is over.Explore millions of assets, moments after they launch, right from the Coinbase app.DEX trading is live for all U.S. users (ex. NY).Coming soon: more assets, more networks, more countries. https://t.co/XryNvDXkdL ...