A new Binance Research report said stablecoins are fast becoming a preferred settlement layer for tokenized TradFi markets while gaining traction in payments and savings.
The post Circle faces July 18 GENIUS Act test as CRCL stock risks fresh slide appeared on BitcoinEthereumNews.com.
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. Summary U.S. regulators must publish GENIUS Act implementation rules by July 18, putting Circle and stablecoin issuers in focus. CRCL stock remains under bearish pressure, with charts showing key support near $61.70 and downside risk toward $49. Coinbase shares have also weakened below $160 as investors await regulatory clarity and monitor key technical levels. According to the GENIUS Act signed by President Donald Trump on July 18, 2025, federal agencies were given one year to prepare the regulatory framework governing stablecoin issuance, licensing, reserve management, and supervision. That transition period expires on July 18, 2026, leaving the Federa
Circle stock has remained under pressure ahead of the July 18 deadline for U.S. regulators to publish implementation rules for the GENIUS Act, while technical indicators continue to point to downside risks for CRCL shares. According to the GENIUS Act…
The post Stablecoins Power $1.1T TradFi Perpetual Trading, Binance Says appeared on BitcoinEthereumNews.com.
Stablecoin-settled perpetual contracts tied to traditional financial assets topped $1.1 trillion in trading volume during the first half of 2026, according to Binance Research, underscoring the growing role of stablecoins in tokenized financial markets. According to Binance Research, stablecoins are increasingly being used to settle TradFi-linked perpetual contracts, a market that’s grown to roughly 11% of all crypto perpetual trading volume in the first five months of 2026. TradFi perpetual volume and Binance market share. Source: Binance Research Beyond derivatives trading, Binance Research said stablecoins are increasingly being used as long-term stores of value rather than temporary trading assets. It found that 30% of Binance exchange users now hold more than half of their portfolios in stablecoins, up from 4% in 2020. Related: French banking giant Crédit Agricole launches
The post USDT Wins Payments, USDC Wins DeFi: How Stablecoins Are Splitting The Market appeared on BitcoinEthereumNews.com.
For all the talk about stablecoins being interchangeable commodities, the numbers from the first half of 2026 paint a starkly different picture. USDT and USDC, the two behemoths that together control 83% of the $315 billion stablecoin market, are no longer competing for the same turf. Instead, they are carving out entirely distinct domains. According to the original report, Dune Analytics data compiled by Cointelegraph shows USDT processed roughly $95 billion in commercial payment settlements in the first half of the year. USDC managed a fraction of that, just $14 billion. The gap widens further in business-to-business transactions, where USDT held 92% of the market. USDT’s Grip on Commercial Payments The Tron network remains the backbone of this payment dominance. It is the largest host for USDT, and on that chain, about 93% of the token supply sits in regular wal
The post Robinhood Chain Metrics Surge as the Network Leans Into Memecoins appeared on BitcoinEthereumNews.com.
Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain ‘great for memes.’ The biggest jump in value locked, though, came from an Ethena stablecoin deposit. Robinhood Chain’s onchain activity surged this week as a memecoin frenzy, a Pump.fun integration and a defecting Solana app converged on the barely week-old network — even as its largest single inflow traced to a stablecoin deposit rather than the meme trade. Cumulative addresses on the Arbitrum-based Layer 2 climbed toward 200,000 and protocol total value locked reached roughly $234 million, according to a network overview dashboard published by Entropy Advisors on Dune. The chain went live to the public on July 1, meaning nearly all of that growth was compressed into the past week, with activity accele
Pump.fun added trading for Robinhood Chain tokens and prediction market World said it will migrate from Solana, as CEO Vlad Tenev reversed course to call the RWA-focused chain 'great for memes.' The biggest jump in value locked, though, came from an Ethena stablecoin deposit.
The post Kazakhstan’s president signs decree to pull crypto trade into the country appeared on BitcoinEthereumNews.com.
Kazakhstan President Kassym-Jomart Tokayev has today signed a decree that will ease stablecoin cross-border payments and offer income-tax relief to retail traders. The decree will also let miners burn unneeded gas for power, aimed at drawing crypto business into the country. The order was drafted via an alliance between the Ministry of Artificial Intelligence and Digital Development (MAIDD), the National Bank of Kazakhstan and the Astana International Financial Centre. The decree is seen as the legal precursor for a regulated digital asset market, which Kazakhstan hopes will pull outside capital and give crypto firms much clearer rules for operation. Stablecoins for imports and exports A core interest for the newly signed decree in the country revolves around building mechanisms to use digital assets and stablecoins in cross-border settlements. Officials say this cou
The post Kazakhstan Sets Bold Path in Crypto Regulation appeared on BitcoinEthereumNews.com.
Kazakhstan has announced a comprehensive overhaul of its cryptocurrency regulations designed to enhance its status as a key center for Bitcoin mining. This initiative aims to boost the industry by introducing stablecoin-supported payment systems, tax concessions for licensed crypto engagements, and innovative energy solutions for mining operations. Continue Reading:Kazakhstan Sets Bold Path in Crypto Regulation Source: https://en.bitcoinhaber.net/kazakhstan-sets-bold-path-in-crypto-regulation
