In most stablecoin lineups, Circle’s USDC would hold this spot because its $78 billion market capitalization trumps that of RLUSD’s $1.3 billion. But as Massad pointed out, stablecoin performance has more to do with being able to move money efficiently than its total supply.Ripple Labs’ stablecoin, RLUSD, swiped the second spot with a velocity of 71. That means, on average, every RLUSD token has changed hands 71 times since the start of the year.But that’s not stopped the company from turning a hefty profit ...

Key Takeaways Klarna launched an open Agentic Product Protocol so AI agents can find, read and compare products online.KLAR offers a live feed of 100M products and 400M prices across 12 markets via one structured feed.KLAR's strategy will deepen its role between shoppers, merchants and platforms, driving network growth.Klarna Group plc (KLAR) recently made a big move into the future of shopping by unveiling its Agentic Product Protocol, an open standard that lets artificial intelligence agents instantly fin ...

Group 1 - Visa has launched a "Stablecoins Advisory Practice" as the stablecoin market surpasses $300 billion, indicating increased engagement from banks and financial institutions with digital currencies [1] - The advisory practice is designed to meet client demand, with Visa working with dozens of early clients and expecting to expand to hundreds [2] - The advisory services include strategy development, technical architecture, operational readiness, and implementation support, helping clients assess the alignment of stablecoins with customer needs [3] Group 2 - Stablecoins are increasingly utilized for payments, cross-border transfers, and business-to-business settlements, especially in regions with currency volatility [4] - The global stablecoin market capitalization is currently at $309.85 billion, with Tether's USDT holding a 60.10% market share and a market cap of $186.23 billion [4] - Visa has been actively involved in stablecoin initiatives, including piloting USDC settlement on blockchain networks and supporting over 130 stablecoin-linked card programs across 40 countries [6] Group 3 - Visa's program is set to expand in 2026, targeting banks and financial institutions that rely on expensive correspondent banking networks [7] - The push for stablecoin adoption has been bolstered by regulatory clarity in the U.S., particularly following the signing of the GENIUS Act, which established formal rules for stablecoin issuance [7]

Core Insights - Visa and Mastercard are integrating stablecoins into their transaction processing systems, marking a significant shift in the digital payments landscape [1][5] - The initial expectation that cryptocurrencies would disrupt credit card companies is being re-evaluated as these companies embrace stablecoins [2][9] Group 1: Visa's Initiatives - Visa initiated its stablecoin project in April 2025, partnering with a Stripe subsidiary called Bridge to link Visa cards to users' stablecoin holdings, particularly targeting Latin America [6] - The focus on stablecoins is seen as a response to the slow banking systems in certain regions, where stablecoin ownership is more prevalent [6] Group 2: Mastercard's Developments - Mastercard followed Visa's lead in June by integrating four leading stablecoins into its global settlement systems, collaborating with issuers like Circle Internet, Fiserv, Paxos, and PayPal [7] - This integration reflects a strategic move to enhance payment solutions without creating proprietary cryptocurrencies [8] Group 3: Market Dynamics - Both companies are not attempting to disrupt existing stablecoins but are instead partnering with established issuers to promote coins like USDC and PayPal USD for broader consumer use [9] - Mastercard emphasized that stablecoins will not disrupt the current payment dynamics but will reinforce the convenience and security that consumers and merchants seek [9]

Core Insights - PayPal USD and Ripple USD are smaller stablecoins with market caps of $3.4 billion and $1.0 billion, respectively, compared to larger competitors like USDC and Tether [2] - Each stablecoin has unique features and limitations, making them different from the more established options [3] Availability and Trading Platforms - PayPal USD and Ripple USD are not universally available on all trading platforms, unlike Tether and USDC [4] - PayPal USD can be traded on PayPal accounts, offering a 4% annual interest, while Ripple USD is available on over two dozen exchanges but does not offer interest [6][7][8] Ecosystem and Features - PayPal USD is best utilized within the PayPal ecosystem, allowing for free transfers on Venmo and PayPal, as well as no-fee transfers on the Solana blockchain [8] - Ripple USD is designed for seamless transactions within RippleNet, focusing on enhancing the trading experience of XRP [8]

Core Insights - Traditional payment giants in the U.S. are embracing stablecoin settlement systems, with Western Union announcing the launch of USDPT based on the Solana blockchain in the first half of 2026, while Visa expands support for stablecoins across four blockchains [1][2][3] Group 1: Western Union's Stablecoin Initiative - Western Union's upcoming stablecoin settlement system will consist of the USDPT and a digital asset network, built on the Solana blockchain [2] - CEO Devin McGranahan noted that the passage of the GENIUS Act has shifted the company's cautious stance on cryptocurrencies due to previous concerns over market volatility and regulatory uncertainty [2] - The USDPT is expected to be accessible through partner exchanges, similar to the listing of PayPal's USD stablecoin on Binance [2] Group 2: Visa's Expansion in Stablecoin Services - Visa is significantly expanding its stablecoin support, planning to add four new stablecoins across four different blockchains, although specific details were not disclosed [3] - The company has facilitated $140 billion in cryptocurrency and stablecoin flows since 2020, with monthly transaction volumes now exceeding an annualized scale of $25 billion [3] - Visa aims to enhance its services for banks and traditional financial institutions, promoting cross-border transactions using stablecoins [3] Group 3: Broader Industry Trends - Other U.S. payment platforms are also advancing stablecoin strategies, with Zelle's parent company announcing a stablecoin launch to accelerate cross-border payments [4] - MoneyGram is integrating its crypto application in Colombia to provide local users with USDC wallets [4] - Traditional payment platforms increasingly view blockchain technology as a solution for cross-border remittances, offering faster, cheaper, and more transparent transactions [4] Group 4: Additional Developments - Walmart's fintech company OnePay plans to add Bitcoin and Ethereum trading features through a partnership with Zerohash, enhancing its platform's capabilities [5] - OnePay has become a leading free finance app in the Apple App Store, competing with major fintech players like PayPal and Venmo [5]

The Daily: Ripple CEO says US won't return to hostile Gensler era crypto climate, Paxos mistakenly mints 300 trillion PayPal USD on Ethereum, and more https://t.co/dLLuJR7l3u ...

Core Insights - Stellar (XLM) is showing signs of a potential bull run similar to its performance in 2017, with various indicators suggesting a strong market position in Q4 2025 [1] Group 1: Network Activity - Stellar's network activity has reached a yearly high, with over 69 million weekly transactions, indicating robust real network usage [2][3] - The increase in network activity is likely to enhance Stellar's intrinsic value, attracting more users and investors [3] Group 2: Correlation with Major Cryptocurrencies - The correlation between XLM and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) has reached an annual peak, with XLM-BTC correlation at approximately 0.75 and XLM-ETH correlation around 0.7 [5][6] - This strong correlation suggests that XLM is perceived to share similar risk and growth potential with leading assets, which is crucial during the current selective altcoin season [6] Group 3: Supply Distribution Trends - The Supply Equality Ratio (SER) has declined, indicating a bullish accumulation trend as wealth distribution becomes more concentrated among larger wallets [7]

Core Insights - Stablecoins have emerged as a popular investment option for risk-averse investors, providing a safer alternative compared to traditional cryptocurrencies [2] - The primary goal of stablecoins is to maintain a value of $1.00, with the majority pegged to the U.S. dollar [3] - Stablecoins can facilitate faster and cheaper cross-border transactions and offer higher yields compared to traditional savings options [4] Comparison of Stablecoins - Ethena USDe and Dai are both pegged to the U.S. dollar but are not backed by actual U.S. dollars or Treasuries, differentiating them from stablecoins like USD Coin and PayPal USD [6] - Ethena USDe utilizes a mix of crypto assets and employs a balancing strategy between long and short positions in crypto to maintain its peg to the U.S. dollar [7][8] - Dai uses smart contracts to hold crypto assets as collateral while maintaining its peg to the U.S. dollar [9]

Stablecoin & Cryptocurrency - PayPal supports stablecoin Layer 1 'Stable' to enhance PayPal USD adoption and market liquidity [1]