stablecoin

The stablecoin market is in high gear today, January 20, 2026! While the GENIUS Act already set strict reserve rules last year, the new Digital Asset Market Clarity Act just hit a snag in the Senate. This "regulatory cliffhanger" is driving massive volume into top-tier stables. 🏛️
​⚖️ The Regulation Effect
​Clarity Act Stalled: The Senate Banking Committee unexpectedly postponed its markup session last week. This uncertainty is causing a "flight to quality" as traders seek assets with the most transparent audits. 📜
​The Reward Ban: New drafts of the Clarity Act aim to ban "rewards" or interest on stablecoins. This is pushing volume away from exchange-linked yields and back into "pure" payment stables.
​Record Volume: Stablecoin market cap has surged to $318 Billion this week, with transaction volumes now rivaling major credit card networks. 📊
​🏗️ Why Traders are Moving
​USDC vs. USDT: USDC remains the favorite for those eyeing US compliance, while Tether $USDT continues to dominate global liquidity, especially in emerging markets where the "digital dollar" is the primary store of value. 🏦
​Institutional Entry: Under the GENIUS Act, large banks are finalizing their own stablecoin plans for late 2026. Retail traders are positioning themselves in established coins before the "Bank-Coins" arrive. 💳
​Safety First: Amidst wider market volatility in $BTC and $SOL, stablecoins now account for over 40% of all trading volume as investors park capital in "risk-off" positions.
​📊 Strategy Corner
​With a potential government shutdown on the horizon and the Clarity Act in limbo, Liquidity is King. Whether you trust the audits of USDC or the battle-tested history of USDT, staying "stable" is the top 2026 strategy for surviving political noise.
​Where is your capital parked today?
​🔵 USDC — I only trust fully audited, US-regulated reserves!
​🟢 USDT — Liquidity and global reach are all that matter.
​🟡 FDUSD/PYUSD — Sticking with my favorite exchange/payment app.
​
#Write2Earn #stablecoin #ClarityAct #CryptoRegulation #BinanceSquare

Choosing the Right #stablecoin Model
Stablecoins attract users because they are designed to hold a steady value. Before anything else, a project must decide how that stability will be maintained. In most cases, the goal is simple: keep the token pegged to $1. Achieving that peg typically follows one of three established approaches.
The most widely accepted option is the fiat-backed model. This structure is favoured by regulators and institutions. Tokens such as #USDC and #USDT follow this approach by holding one dollar, or an equivalent low-risk asset like U.S. Treasury bills, for every token in circulation. Its appeal lies in transparency and simplicity, making it easy for users to trust.
The second approach is crypto-backed stablecoins. These rely on smart contracts that lock up cryptocurrencies as collateral. To account for market volatility, they are overcollateralised. For example, $150 worth of Ethereum may be locked to issue $100 worth of stablecoins. This buffer helps absorb price fluctuations in the underlying asset.
The third option is the algorithmic or hybrid model, which attempts to maintain the peg through automated supply adjustments and economic incentives rather than direct backing. While innovative, this design has largely fallen out of favour after the collapse of Terra in 2022. As a result, many jurisdictions, including the European Union, now restrict or ban purely algorithmic stablecoins.
The Regulatory Reality
Regulation is no longer optional-it is the single biggest hurdle to launching a stablecoin. Each jurisdiction enforces its own framework, and non-compliance can shut a project down before it begins.
In the United States, legislation such as the GENIUS Act and the Clarity Act sets strict conditions. Issuers are generally required to be licensed banks or state-approved entities, with mandatory monthly disclosures proving reserve backing. In the European Union, MiCAR governs stablecoins and requires issuers to obtain an Electronic Money Institution license, alongside full reserve backing.
Other regions, including Hong Kong and the UAE, apply similar standards. Many require a local legal presence and reserves held in domestic currency. These requirements make entry costly. Even in relatively friendly jurisdictions like Singapore, legal fees alone can reach $50,000. In the U.S., total compliance costs can easily exceed $500,000.
Building the Technical Foundation
On the technical side, most stablecoins are built on well-established blockchains such as Ethereum or Solana due to their security, developer ecosystems, and tooling.
Regulated stablecoins must also include advanced controls in their smart contracts. These often allow authorised parties to mint, burn, or freeze tokens in response to hacks, theft, or legal orders. Without these safeguards, regulators are unlikely to grant approval.
Reliable price data is another requirement. Projects typically integrate decentralised oracle networks to track real-time market prices. Security audits are mandatory, with firms charging anywhere between $5,000 and $30,000 per audit, depending on complexity.
Bridging #crypto and Traditional Finance
For fiat-backed stablecoins, connecting to the traditional banking system is often the most challenging step. Issuers must partner with a qualified custodian to securely hold user funds.
To simplify this process, many teams rely on “stablecoin-as-a-service” providers. These platforms offer APIs that manage custody and banking integrations, reducing setup time but adding recurring fees.
In addition, issuers must work with accounting firms to publish monthly proof-of-reserves reports. Between technology, audits, and compliance, core infrastructure costs typically range from $20,000 to $60,000, while legal expenses can span $50,000 to well over $250,000.
Liquidity is another major consideration. Launching a usable stablecoin often requires between $100,000 and $1 million in initial liquidity, plus marketing budgets of $50,000 to $150,000.
All told, launching a compliant stablecoin usually costs between $220,000 and $1.5 million and takes at least seven months from planning to deployment.
Disclaimer: #BFMTimes provides information for educational purposes only and does not offer financial advice. Readers should consult qualified professionals before making any financial decisions.

The #CLARITYAct ’s Core Objective
The CLARITY Act is designed to end regulation by ambush. For nearly a decade, the crypto sector has operated under constant legal uncertainty as the SEC pursued enforcement without clear boundaries. This bill attempts to reset that dynamic by drawing firm jurisdictional lines between the SEC and the CFTC. It defines what falls under securities law and assigns the rest to commodities oversight, creating the long-requested regulatory playbook institutional capital has been waiting for. A revised draft surfaced in the Senate on January 12, with committee markups now underway. The proposal even includes an “innovation exemption” backed by new SEC Chair Paul Atkins. Still, consensus is far from guaranteed.
The #stablecoin Rewards Flashpoint
Coinbase has been one of the CLARITY Act’s most vocal champions-up to a point. That support may evaporate if the bill restricts stablecoin rewards. These rewards allow users to earn yield on assets such as USDC, and they form a meaningful part of Coinbase’s revenue model. Traditional banks are aggressively lobbying to block non-banks from offering such products, arguing crypto platforms resemble banks without meeting the same regulatory standards. For Coinbase, this is non-negotiable. Subscription and service revenue, including rewards, generated close to $700 million last year. Removing that income stream would materially weaken the business, especially during periods of low trading activity.
What Counts as a “Mature” #blockchain
For developers, Section 205 may be the most consequential provision in the bill. It introduces a formal pathway for a network to be recognized as decentralized. If a project notifies the SEC and faces no objection within a defined window, its token can be reclassified as a digital commodity and fall under CFTC oversight. To qualify, three criteria must be met: no single entity may control more than 20% of the supply, the token’s value must stem from network usage rather than a central promoter, and no party may retain unilateral control over protocol changes. Coinbase argues these rules finally provide the certainty needed to build in the US without fear.
Why Timing Matters So Much
The urgency around passing the CLARITY Act is political. Pro-crypto lawmakers currently hold a narrow advantage, but the 2026 midterm elections could upend that balance. A shift in control could stall the bill indefinitely, delay it until 2027, or result in a harsher rewrite. For investors and companies alike, this window may be the only realistic chance to lock in a workable regulatory framework before the political landscape changes.
A Defining Moment for US Crypto Policy
The next three months will signal whether the United States intends to lead in digital finance or continue drifting in regulatory uncertainty. For Coinbase, the CLARITY Act represents the final transition from industry outsider to regulated incumbent. CEO Brian Armstrong has been explicit: clarity is meaningless if it strips away the incentives that make crypto functional. Coinbase is prepared to withdraw political backing to defend its core model. The outcome of this standoff will shape not just one company’s future, but the trajectory of the entire US crypto market.
Disclaimer: #BFMTimes provides information strictly for educational purposes and does not offer financial advice. Readers should consult a qualified financial advisor before making investment decisions.

Hey crypto fam! 👋
Even in this choppy market, Plasma (XPL) is holding around $0.126–$0.133 – down 92%+ from ATH $1.68, but many see this as a classic undervalued zone! 📉➡️📈
Quick recap on Plasma:
•  Stablecoin-native Layer-1 blockchain → Zero-fee USDT transfers, massive TPS, Bitcoin-level security + full EVM compatibility! ⚡

•  Mainnet beta launched Sept 2025 with $2B+ stablecoin TVL day one, 100+ DeFi integrations (Aave, Ethena, etc.).
•  Current dip drivers: Recent token unlocks (~$5M–$11M in Jan 2026) + broader market pressure, but likely temporary.
2026 catalysts look massive:
1.  PoS Validator Network going live early 2026 → Stake/delegate XPL for rewards! Yield farmers incoming. 🤑
2.  Plasma One neobank private beta → Stablecoin-focused cashback card + global payments rail.
3.  Zero-fee transfers expanding → To third-party apps, unlocking mainstream stablecoin usage.
4.  Binance CreatorPad campaign ongoing (3.5M XPL rewards pool) → Extra incentives for creators!

⭐️Technical view: $0.12–$0.14 acting as strong support. Bounce could target $0.20+ short-term, with long-term upside to $1+ if adoption kicks in. Analysts are bullish for 2026, but watch those unlocks – always DYOR & manage risk! ⚠️
My take: If you’re patient, $0.13 levels feel like a sweet accumulation spot. Stablecoins are the future of money, and Plasma is built for it! 🌟

What about you?
•  Stacking XPL at these prices? 🤑
•  Waiting for post-unlock dips? 🙏
•  Sold too early and regretting? 😂
Share your thoughts in comments – let’s discuss! 👇🔥

#XPL #Plasma #stablecoin #crypto #BinanceSquare

Anthony Scaramucci has warned that a new US rule could hand the upper hand to Beijing. Reports say he believes a ban on paying yield to holders of dollar stablecoins will make dollar-linked digital rails less attractive than the digital yuan, which is moving toward paying interest on wallets.
Stablecoin Yield Ban And Dollar Competitiveness
Lawmakers in Congress are considering a bill that would reshape how digital assets are treated in the United States.
“The whole system is broken,” Scaramucci said on X, reacting to the Clarity Act’s restriction that blocks crypto exchanges and service providers in the US from paying yield to stablecoin holders.
According to the bill text, the proposed Clarity Act would bar certain kinds of yield or interest from being paid in connection with holding payment stablecoins, closing off a path some platforms use to offer rewards. This change is woven into a broader effort to define which digital tokens fall under which regulators.
Banks And Exchanges Push Back
Reports note the move has split industry players. Some banks have warned that easy access to yield outside the banking system could drain deposits and change lending patterns.
At the same time, major crypto firms have voiced concern that a hard ban on yield will blunt the competitiveness of US dollar-based token services and could push global users toward alternatives that offer returns.
The debate has also strained support for the bill, with at least one high-profile exchange pulling its backing amid disagreement.
$BTC
China’s Move To Pay Interest On e-CNY
China is already acting on a different path. Based on reports, commercial banks there will be allowed to pay interest on digital yuanholdings, a step meant to boost use of the state’s central bank digital currency.
The change went into effect around the start of this year and was presented as a way to encourage people and institutions to try the e-CNY more often.

Why This Matters For Smaller Economies
Money flows respond to yield. If a digital yuan offers returns while US dollar tokens cannot, some governments and firms in emerging markets might favor the payment rails that provide a financial edge.
That is the central point behind Scaramucci’s warning. It’s not just about finance and stablecoins; it is also about which systems gain traction for trade and cross-border payments.
Regulators now face a tough call. Reports say the choice is between strict limits that curb certain crypto yields and looser rules that could pressure bank deposits. Either route carries tradeoffs for stability, competition, and the global reach of the dollar.#USDollarWarning #YuanVsDollar #stablecoin

Over the past year, on-chain data has made one trend unmistakably clear: @trondao has become one of the most important settlement layers for stablecoins globally, with USDT at the center of that growth.

According to data from @TRONSCAN_ORG, 22.7 billion USDT has been newly issued on TRON over the last 12 months. This brings the total USDT supply on TRON to approximately 82.4 billion USDT, a level that places the network among the largest stablecoin rails in the world.

This expansion is not limited to supply alone. User adoption has grown in parallel.

Over the same period:

▫️USDT holders on TRON increased by 11 million

▫️Total holders now exceed 70.6 million

▫️Supply growth and holder growth moved together, indicating real distribution rather than concentration

That combination matters. Large issuance without new users can signal idle liquidity. In TRON’s case, the steady rise in holders suggests that newly issued USDT is being absorbed across a wide user base, primarily for payments, transfers, and everyday financial activity.

Looking at usage behavior reinforces this picture. TRON continues to process USDT transfers at scale, driven by:

▫️Low transaction fees that make small-value transfers economical

▫️Fast finality that supports high-frequency settlement

▫️Broad wallet and exchange support across global markets

Even during periods where short-term transfer volumes fluctuate, participation remains resilient. Recent averages still show over 1 million accounts transferring USDT daily, confirming that the network is being used continuously rather than episodically.

What stands out most is the structural role TRON now plays. It is no longer just one of many networks supporting USDT. It functions as a primary circulation and settlement layer, particularly for retail-sized transfers and cross-border usage where cost and reliability matter most.

The past year’s data highlights a clear pattern:

▫️Stablecoin supply continues to expand on TRON

▫️User adoption keeps pace with issuance

▫️USDT remains deeply integrated into real economic activity on-chain

For anyone tracking stablecoin adoption beyond headlines, these metrics show where usage is actually happening.

Explore the full on-chain analysis directly on TRONSCAN:
tronscan.org/#/token20/TR7N…

@Justin Sun孙宇晨 #defi #stablecoin #USDT #TRONEcoStar

In the rapidly evolving world of decentralized finance (DeFi), we often talk about "mass adoption." We dream of a future where buying a coffee with crypto is as easy as tapping a card, or where sending money across borders happens instantly without intermediaries taking a cut. But for years, one massive hurdle has stood in the way: Gas Fees.
New users do not understand why they need to hold ETH, BNB, or SOL just to send USDT. It is a friction point that breaks the user experience and prevents crypto from becoming true "internet money."
This is exactly where @Plasma changes the game.
The Problem: The High Cost of Moving Money
Stablecoins are arguably the most successful product of the crypto industry. They offer the stability of fiat with the speed of blockchain. However, on most Layer-1 blockchains, stablecoins are treated like second-class citizens. They are just another token standard (ERC-20), competing for block space with NFTs, meme coins, and complex DeFi swaps.
When the network gets congested, the cost to send $10 worth of stablecoins can skyrocket to $5 or $10. This makes micro-transactions impossible and merchant adoption unfeasible.
The Solution: Plasma’s Purpose-Built Layer-1
@undefined is not just "another faster blockchain." It is a specialized infrastructure layer designed specifically to optimize stablecoin flows.
The vision is bold but necessary: Zero-fee stablecoin transfers.
By architecting a chain where stablecoin movements are prioritized and subsidized at the protocol level, Plasma is building the rails for the next generation of global finance. Imagine a wallet where you only need USDT or USDC to interact. No separate gas token required for basic payments. This is the UI/UX breakthrough needed to onboard the next billion users.#stablecoin
Why Developers and Users are Bullish
Beyond the payment mechanics, the @undefined network boasts full EVM (Ethereum Virtual Machine) compatibility. This is crucial. It means that developers who have already built dApps on Ethereum, BSC, or Polygon can deploy on Plasma with minimal changes to their code. They get the security and tooling they are used to, but with the added benefit of a zero-friction payment layer for their users.
The Role of $XPL
At the heart of this ecosystem sits the native token, $XPL
While stablecoins move freely to encourage adoption, $XPL is the powerhouse ensuring the security and governance of the network. As the network activity grows—driven by merchants, payment processors, and DeFi protocols seeking lower fees—the demand for block space and validator security increases.@Plasma #Plasma

𝗧𝗥𝗢𝗡 𝗗𝗔𝗢’𝘀 $𝟯.𝟰𝟴𝗕 𝟮𝟬𝟮𝟱 𝗥𝗲𝘃𝗲𝗻𝘂𝗲 𝗖𝗼𝗻𝗳𝗶𝗿𝗺𝘀 𝗜𝘁𝘀 𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗜𝗻𝘁𝗼 𝗮 𝗛𝗶𝗴𝗵-𝗨𝘁𝗶𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻, 𝗨𝘁𝗶𝗹𝗶𝘁𝘆-𝗗𝗿𝗶𝘃𝗲𝗻 𝗕𝗹𝗼𝗰𝗸𝗰𝗵𝗮𝗶𝗻 𝗡𝗲𝘁𝘄𝗼𝗿𝗸

The latest revenue data from @TRONSCAN_ORG shows just how far @trondao has progressed as a production-grade blockchain network.

In 2025, TRON’s protocol revenue reached $3.48B, surpassing its 2024 total of $2.13B and delivering roughly 63% year-over-year growth.

This increase was not driven by one-off events or short-lived speculation, but by sustained on-chain activity across payments, staking, and DeFi.

Looking at the revenue breakdown over time, three structural drivers stand out clearly.

First, stablecoin usage at scale.
TRON has become a primary settlement layer for USDT transfers globally. High-frequency, low-cost transactions generate consistent fee activity, and as stablecoin volumes scale, protocol revenue scales with them. This type of revenue is usage-based, recurring, and closely tied to real economic activity rather than market cycles alone.

Second, a DeFi ecosystem that actually converts activity into revenue.
Lending, staking, and on-chain financial services continue to attract users who are actively deploying capital. These activities generate protocol fees that compound as participation grows, rather than relying on inflationary incentives to stay afloat.

Third, the growing role of @OfficialSUNio.
The rise of SUN.io has strengthened on-chain liquidity and trading activity within the TRON ecosystem. As decentralized trading volume increases, it feeds directly into protocol-level revenue instead of leaking value externally.

What makes the 2025 figures especially notable is consistency. Revenue growth was not limited to a single quarter. The upward trend reflects:

▫️Expanding stablecoin settlement activity

▫️Higher staking participation and related fees

▫️Increased DeFi usage translating into real income

▫️A maturing ecosystem where infrastructure captures value

This is the type of revenue profile typically associated with networks that function as utility layers rather than experimental platforms. The protocol is earning because it is being used, repeatedly and at scale.

As blockchain networks compete globally, revenue has become one of the clearest indicators of durability. In TRON’s case, the 2025 numbers show a network that is not only widely adopted, but also economically self-reinforcing.

For those tracking long-term blockchain fundamentals, this data reinforces TRON’s position as one of the leading utility-driven networks in the space.

@Justin Sun孙宇晨 #stablecoin
#defi #TRONEcoStar

The blockchain landscape is shifting. While the "L1 Wars" of the past were fought over general-purpose throughput, Plasma (XPL) has emerged as a specialist. Launched in late 2025, Plasma isn't trying to do everything; it’s trying to do one thing perfectly: Stablecoin Settlement.
By combining the security of Bitcoin, the flexibility of Ethereum, and a "feeless" user experience, Plasma is positioning itself as the primary rail for the $3 trillion stablecoin market.
1. The Architecture: A Triple-Threat Design
Plasma’s technical foundation is unique because it borrows the "best-in-class" features from three distinct blockchain philosophies:
The Execution Layer (Reth EVM): Built using Reth (a high-performance Rust-based Ethereum client), Plasma is 100% EVM-compatible. This means any app on Ethereum can move to Plasma with zero code changes.
The Consensus Layer (PlasmaBFT): Using a protocol derived from Fast HotStuff, Plasma achieves sub-second finality. It is capable of handling over 1,000 TPS at launch, with theoretical scaling beyond 10,000 TPS.
The Settlement Layer (Bitcoin Anchoring): This is the "secret sauce." Plasma periodically bundles its state roots and anchors them to the Bitcoin blockchain. This makes it a Bitcoin sidechain, inheriting the censorship resistance and "hard money" security of the world’s most secure network.
2. The Game-Changer: Zero-Fee USDT Transfers
The biggest barrier to crypto adoption has always been "Gas." Beginners often find it frustrating to buy a native token (like ETH or SOL) just to move their money.
Plasma solves this with a built-in Paymaster System.
Basic Transfers: For standard USDT moves, the Plasma Foundation or dApps sponsor the gas. The user pays $0.00.
Custom Gas: Advanced users can choose to pay transaction fees in the stablecoin they are actually sending (USDT/USDC), rather than needing to hold XPL.
Why it matters: This makes using a blockchain feel like using a traditional banking app (Venmo/Zelle) but with the transparency and speed of on-chain settlement.
@Plasma #Plasma #plasma $XPL #stablecoin