Circle is quietly becoming the leading issuer of euro-denominated stablecoins through $EURC. #DeFi analyst Ignas called the #shift a “European fail,” arguing regulation may have handed Circle the edge rather than local innovation. #crypto
🕵️ Chainalysis: Stablecoin Economic Volume Could Reach $719T by 2035
According to a new report from Chainalysis, the inflation-adjusted real economic transaction volume of stablecoins could grow from $28 trillion in 2025 to $719 trillion by 2035. Upside potential could approach $1.5 quadrillion under additional macro catalysts. The report highlights an estimated $100 trillion global intergenerational wealth transfer beginning in 2028 as a key driver, with millennials and Gen Z showing significantly higher #adoption of #crypto assets. It also projects that stablecoin payment processing volume could reach parity with traditional networks such as Visa between 2031 and 2039. #stablecoin
The $1.6B SPAC deal between Dynamix Corp (DYNX) and The Ether Machine has been scrapped due to unfavorable market conditions. Dynamix will receive a $50M termination payment. The Ether Machine still holds over $1B in $ETH in its treasury. #crypto