#circle (usdc)

[rwatimes]

Financial Firms Cooperate on USD Stablecoin, Protect Reserve Earnings

Open Standard has announced the launch of Open USD (OUSD), a US dollar-pegged stablecoin designed to redirect reserve earnings back to token holders and participating businesses. The project is backed by a broad mix of established payments and major crypto firms, positioning it a...

➤ Open Standard has launched Open USD (OUSD), a new US dollar-pegged stablecoin designed to return reserve earnings to token holders and participating businesses. ➤ The initiative is backed by a coalition of major payment and crypto firms, including Visa, Mastercard, Coinbase, and Ripple, positioning it as a competitor to Tether (USDT) and Circle (USDC). ➤ OUSD's launch coincides with anticipated advancements in US stablecoin regulation under the GENIUS Act, aiming to capture market share by offering a unique incentive model.

[rwatimes]

Stablecoin founders cluster in the West, but the volume tells a different story

➤ While stablecoin founders are concentrated in Western economies, the majority of transaction volume is surging in emerging markets across Africa, Asia, and Latin America. ➤ This geographic mismatch creates strategic blind spots for founders optimizing for Western regulatory frameworks, while demand grows in regions with evolving, region-specific rules. ➤ Tether's USDT dominates emerging markets due to its distribution advantage, while Circle's USDC is stronger in advanced economies, suggesting continued growth potential for USDT in these high-demand regions.

[rwatimes]

Stablecoin Volume Drops 19% While Supply Hits $305B, RWA(dot)xyz Reports

The holder count increased 2.32% to 246.94 million, and monthly active addresses edged 0.26% higher to 51.28 million.

➤ Monthly stablecoin transfer volume decreased by 19.18% to $8.31 trillion, despite a 2.06% rise in total supply to $305.29 billion. ➤ While transfer activity declined, holder counts and monthly active addresses saw modest increases, indicating accumulation rather than active movement. ➤ Major stablecoins like USDT and USDC experienced net inflows, while Ethena's $USDe and Paxos' PYUSD saw outflows.