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![karlmehta Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::20891198.png) Karl Mehta [@karlmehta](/creator/twitter/karlmehta) on x 112.6K followers
Created: 2025-07-12 13:15:50 UTC

Current market breakdown:

• Tether (offshore): $159B
• Circle (US-regulated): $63B
• PayPal USD: $10.2B

As @DavidSacks noted, this bill brings the whole stablecoin industry onshore. The trend is already accelerating.


XXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1944022894893576472/c:line.svg)

**Related Topics**
[coins stablecoin](/topic/coins-stablecoin)
[$102b](/topic/$102b)
[united states dollar](/topic/united-states-dollar)
[paypal](/topic/paypal)
[$63b](/topic/$63b)
[$159b](/topic/$159b)

[Post Link](https://x.com/karlmehta/status/1944022894893576472)