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The first half of 2025 has seen some profound shifts in the European crypto market shaped by evolving regulation, network innovation, and merchant behavior.  As a recent H1 2025 crypto payments report by CoinGate suggests, the swift rise of the USD Coin (USDC), largely propelled by the EU’s Markets in Crypto-Assets (MiCA) regulation, is at the center of this transformation. With the introduction of MiCA in late March, Tether (USDT) began vanishing from the payment rails in Europe due to regulatory uncertainty, allowing USDC to step in.  Indeed, MiCA-compliant and bolstered by multi-chain availability, USDC saw its transaction volume jump 337% year-over-year and now sits among the five most-used assets on CoinGate. Are stablecoins becoming mainstream? CoinGate’s data suggests that crypto payments are not merely surviving the new regulatory developments but evolving and gaining more mainstream ground. Sure, the impact of the MiCA’s framework was imme...

The chief executive of retail trading giant Robinhood says that the tokenization of traditional assets could secure the dominance of the US equities market. In a new interview on the Bankless YouTube channel, Robinhood CEO Vlad Tenev says that crypto asset tokenization will boost the US stock market the same way stablecoins are helping establish the dominance of the US dollar. “Tokenization of securities, which we’re very excited about, allows you to have ownership in companies… Stablecoins are viewed rightly as an area that could increase demand among individuals overseas as governments become prone to diversifying away from holding treasuries. So in the same way that stablecoin legislation can kind of push forward US dollar dominance, I think tokenized securities can really push forward US company dominance in the global market.” Tenev notes that by tokenzing securities on global blockchains, investors outside the US will be able to invest i...

Author | WuBlockchain According to RootData statistics, there were 98 publicly disclosed crypto VC investment projects in February 2025, a 14% increase month-over-month (compared to 86 projects in January 2025) but a 35.1% decline year-over-year (compared to 151 projects in February 2024). Note: Since not all funding rounds are announced in the same month, the reported figures may increase over time. The sectoral distribution of projects in January 2025 was as follows: CeFi: ~7.1% DeFi: ~31.6% NFT/GameFi: ~10.2% L1/L2: ~7.1% RWA/DePIN: ~12.2% Tools/Wallets: ~10.2% AI: ~18.4% Total funding in February 2025 reached $951 million, representing a 14.4% month-over-month increase (compared to $831 million in January 2025) and a 24.3% year-over-year increase (compared to $765 million in February 2024). Top 10 Largest Funding Rounds Figure & Sixth Street – Sixth Street committed a $200 million investment in a new joint venture with Figure, which will be used cyclically to enhance the liquid...

Brazil’s Central Bank (BCB) has unveiled a proposal to effectively ban the transfer of stablecoins to self-custody wallets. This happens amid the Brazilian Real (BRL) hitting an all-time low against the US Dollar (USD), raising local economic concerns, as Finbold reported. The draft regulation aims to tighten control over cryptocurrency operations, in particular foreign-backed stablecoins, aligning them with traditional financial regulations. Brazil’s Central Bank targets stablecoins and self-custody On November 29, the BCB released a public consultation proposal to include virtual asset service providers (VASPs) in the foreign exchange (forex) market regulations. The move specifically targets stablecoins pegged to foreign currencies, like the USD-backed Tether (USDT), which is widely used in Brazil. Picks for you Why Bitcoin coul...

Stablecoin issuer Paxos has received in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dhabi. Paxos, a cryptocurrency brokerage firm and stablecoin issue r, has secured two in-principle approvals of the Financial Services Regulatory Authority in Abu Dhabi. According to a press release on Nov. 29, 2023, the greenlight from the regulator allows the firm to issue U.S. dollar and other currency-backed stablecoins . The New York-headquartered company can now also offer crypto-brokerage and custody services in the region. “Our in-principle approvals from the Financial Services Regulatory Authority, on the heels of our in-principle approval from the Monetary Authority of Singapore, solidify our commitment to pursuing international growth through regulated frameworks.” Paxos Head of Strategy, Walter Hessert You might also like: Paxos to issue USD stablecoin in Singapore The expansion in Abi Dhabi comes just a few ...

Research by Moody’s Analytics shows that despite their name, so-called stablecoins have depegged at least 609 separate times in 2023. A similar number of depegging events occurred in 2022 and for the past 22 months combined, the 25 largest stablecoins have depegged at least 1,316 times. Indeed, Protos has detailed at least 16 incidents of Tether (USDT) trading for drastically different prices than $1. The world’s largest stablecoin has traded for as low as $0.001, as high as $1,000, and various prices in between, for the past six years. The report by Moody’s expands its own, similar analysis to take in 25 stablecoins. From this set, its analysts found over 600 separate depegging events year-to-date and over 700 last year. Moody’s Analytics Digital Asset Monitor tracks all major stablecoin s, including PayPal Coin (PYUSD), USDT, and USDC. Its Digital Asset Monitor uses AI, off-blockchain data, and various exchange inputs to track volatility and risk in so-called decentralized financ...

The Canadian Securities Administrators (CSA) has issued new guidelines clarifying the treatment of stablecoins in the country, acknowledging their importance. The CSA also reveals that crypto service providers may be allowed to offer services for stablecoin s linked to a single fiat currency. You might also like: Bitbuy enters partnership with Canada’s largest Bitcoin ATM Provider Stan Magidson, CSA Chair and CEO of the Alberta Securities Commission, emphasized the need for transparency in value-referenced crypto assets, including their reserves and governance, to protect Canadian investors and maintain market integrity. He added that the framework will “further refine, establishes standards to ensure investors receive necessary information about the assets they are buying, along with associated risks.” These interim conditions were developed in response to feedback from crypto market participants. The CSA’s goal is to establish clear guidelines for the ...