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UnrealDollars @unrealdollars on x X followers
Created: 2025-07-18 20:23:41 UTC
Here's a summary of the past week's stablecoin news, combining market data and chatter.
Market & DeFi:
- The total stablecoin supply continues to climb, with USDT and USDC alone now commanding a combined market cap of over $224B.
- @Tether_to (USDT) leads the charge, adding +$5.58B in the last month to reach a ~$162B supply, with @trondao holding the majority ($81.1B).
- @HyperliquidX's USDC supply saw explosive growth, adding +$1.1B this week to reach $4.67B, solidifying its lead over @base ($3.75B).
- In contrast, @ethena_labs's USDe has cooled, with its market cap dropping by over $560M (-9.5%) in the past month.
- High yields persist in DeFi, with products like Falcon's USDf offering XXXX% APY on @pendle_fi.
Adoption & Infrastructure:
- The US House passed the landmark GENIUS Act, establishing a federal framework with 1:1 reserve requirements and creditor priority for holders.
- @BlackRock's tokenized fund BUIDL has surpassed $2.8B in circulation, signaling growing institutional adoption.
- Tether is launching its "Stable" blockchain for USDT and will freeze support on X chains (Omni, SLP, etc.) after Sep 1, 2025.
- Newcomer Agora Dollar (AUSD) more than doubled its circulation in the past week to over $159M after expanding to new chains.
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Related Topics market cap $811b $162b $558b tetherto $224b usdt coins stablecoin