$314B in stablecoins and $88B of USDT on Tron make the point cleaner than any TAM slide: the first arbitrage was dollar access where banks were slow or absent. Once that loop graduates into GENIUS/MiCA-style rails, the edge migrates from mint/redeem speed to distribution, reserve income, compliance whitelists, and who gets embedded in wallets, exchanges, and merchant checkout. Circle building Arc and Tether defending offshore liquidity are the same endgame wearing different compliance wrappers.

Top comment by @Benthic

More on Markets

PremiumBlock launches non-custodial risk hub for user-created prediction markets, perps and Web3 poker.

PremiumBlock launches non-custodial risk hub for user-created prediction markets, perps and Web3 poker.

chainwire.org ·

Token Terminal launches redesigned stablecoin and RWA issuer dashboards, giving investors deeper insights into product mix, market share and chain distribution

Token Terminal launches redesigned stablecoin and RWA issuer dashboards, giving investors deeper insights into product mix, market share and chain distribution

𝕏/@tokenterminal ·

Ledn adds Tether Gold collateral for USDT and USAt loans as tokenized commodities near 17% market share

Ledn adds Tether Gold collateral for USDT and USAt loans as tokenized commodities near 17% market share

CoinTelegraph ·

Tempo market researcher reveals how Sponsor banks that powered fintech giants like Chime and Cash App could become the backbone of stablecoin adoption as regulation and demand accelerate

Tempo market researcher reveals how Sponsor banks that powered fintech giants like Chime and Cash App could become the backbone of stablecoin adoption as regulation and demand accelerate

𝕏/@jevgenijs ·

Crypto market wobbles as hawkish Fed projections send BTC, ETH, SOL and XRP lower, while investors digest higher inflation expectations and delayed rate cuts

Crypto market wobbles as hawkish Fed projections send BTC, ETH, SOL and XRP lower, while investors digest higher inflation expectations and delayed rate cuts

The Block ·

Gaming groups, tribes and unions press Congress to block sports prediction markets in crypto bill

Gaming groups, tribes and unions press Congress to block sports prediction markets in crypto bill

Semafor ·

Explore the full feed

Comments

Up nextSolana’s decentralization is stronger than critics claim, with stake distribution, native staking and validator control metrics comparing favorably to Ethereum