Stablecoins aren't just a US story. @John1wu spoke to @LowBeta on what @avax is quietly building across Asia and LatAm: ↳ @StraitsX + Monetary Authority of Singapore. ↳ @Alipay and GrabPay rails. ↳ Nonco doing on-chain FX in LatAm. ↳ @rain as the on/off ramp. The non-US stablecoin universe is here.

Stablecoin adoption and infrastructure expansion continue accelerating globally. Latest signals from this week: → @BNBChain stablecoin supply has doubled, surpassing $16B according to @artemis data → @arbitrum reached 10 million stablecoin holders with over $1T transferred in a year → With around $5.4B stablecoin supply, Hyperliquid now has a larger stablecoin ecosystem than several major chains, according to @DefiLlama → @SuiNetwork announced free stablecoin transfers at any scale → 🇬🇧 The Bank of England is reportedly preparing to ease planned stablecoin restrictions after industry pushback, according to the Financial Times → 🇯🇵 Japan is preparing to launch a yen stablecoin focused on business payments → JPMorgan filed to launch a tokenized U.S. Treasury money-market fund on @ethereum, designed for stablecoin reserve requirements under the GENIUS Act → KRWQ, the Korean won stablecoin, is expanding to @solana to bring $100B+ daily KRW liquidity onchain The stablecoin race is no longer only about payments. Now it’s becoming a competition around liquidity, treasury infrastructure, regulation, and global settlement networks.

Stablecoins are just tokenization for dollars. So why have stablecoins exploded and tokenization for commodities and securities hasn't followed as quickly? We need CLARITY and we need better onchain compliance solutions from both startups and incumbents.

Stablecoins can move value fast. Institutions still need clarity before payment rails can scale. Morph’s @itsmerenna spoke with @BeInCrypto on why the CLARITY Act matters for stablecoin classification, compliance, and payment integration. Read more ↓

“Stablecoins should generate interest for users.” @cz_binance framing points to where stablecoin design is heading: → Stablecoins becoming global settlement rails → Reserves increasingly held in yield-generating assets like US Treasuries → Tokenization makes those reserves usable on-chain → Yield can be passed to holders without compromising 1:1 backing or reserve discipline USDO reflects this design: a regulated yield-bearing stablecoin fully backed by tokenized US Treasuries.

Stablecoins are the future of money with $310B in circulation, $33T in transactions per year. Congress got it right with the GENIUS Act. Now the OCC needs to get the regulations right too. My 3 suggestions with @kerpen:

Stablecoin yield is evolving fast. Users are no longer just chasing returns. They want transparent, sustainable, and institutional-grade onchain yield. Join today’s AMA hosted by @MariaV54 with guest @hexonaut, CEO & Co-founder of Phoenix Labs and core contributor behind @sparkdotfi, to explore how Spark is powering the next generation of onchain savings. 🎁 $200 for 10 winners who 🔹 Follow @Gate & @sparkdotfi 🔹 Like & RT 🔹 Join the AMA 🗓 May 14, 1:30 PM UTC See you there: