Stablecoin

AMLBot's on-chain study covering 2023–2025 reports Tether froze more than $3.29 billion in USDT and blacklisted 7,268 addresses across Ethereum and Tron, while Circle's USDC freezes totaled $109 million over 372 addresses. The gap was amplified on Tron, where $1.75 billion in USDT sits in blacklisted wallets. The findings underscore contrasting enforcement practices among leading stablecoin issuers.

Mirae Asset Group is negotiating to acquire Korbit in a deal valued around $100 million, with Mirae Asset Consulting leading and an MOU signed with major shareholders. The exchange, founded in 2014 and operating under South Korea's licensing regime, has under 1 percent domestic market share by volume. Over the last 24 hours, Korbit posted $5.75 million out of roughly $1.21 billion across six local platforms.

On December 28, 2025, Bitfinex Securities' Head of Operations Jesse Knutson projected strong 2026 growth in tokenized real‑world assets led by emerging markets. He cited on‑chain capital formation and fractional ownership as catalysts, contrasted developed‑market Treasuries with developing‑market real estate and commodities, and said the market could reach one trillion dollars within the next decade despite legal, liquidity, and interoperability hurdles.

On-chain figures from TradeFi.Network show that tokenized real-world assets on the XDC Network have reached $717 million, with $345.3 million now deployed via VERT Capital in USDC-based private credit pools. This concentration suggests institutional capital is favoring larger, targeted allocations on XDC, where low-cost, permission-aware infrastructure supports private credit markets that Moody's estimates exceed $1.6 trillion globally.

Senator Cynthia Lummis said Christopher Waller's proposal for "skinny" Federal Reserve master accounts could end crypto debanking. She made the comment after Waller presented the idea in October, which would let crypto and fintech firms obtain Fed accounts with restrictions. Recent reports still describe banks blocking some crypto companies, including actions involving JPMorgan.

Wyoming Senator Cynthia Lummis has endorsed Federal Reserve Governor Christopher Waller's October proposal to grant crypto and fintech firms access to restricted "skinny" master accounts at the Fed. She argues the framework would effectively halt Operation Chokepoint 2.0-style debanking, even as some industry participants continue to report account closures and freezes by major banks.

On December 27, 2025, Coinbase said reopening the GENIUS Act is a "red line" as banks push to limit stablecoin rewards. According to Brian Armstrong and advocate Max Avery, banks earn over 4% at the Federal Reserve while paying around 0.01% on savings, and proposed changes could block third‑party yield sharing.

Solana co-founder Anatoly Yakovenko has projected that global stablecoin supply could surpass $1 trillion by 2026, alongside advances in artificial intelligence, robotics, and blockchain. His outlook contrasts with JPMorgan's estimate of $500 billion to $600 billion in stablecoins by 2028, as current supply stands around $308 billion. At the same time, Solana's SOL token is trading near $123, with some analysts eyeing long-term price targets between $500 and $1,000 despite an ongoing corrective phase.

Bitfinex operations head Jesse Knutson expects emerging markets to lead real‑world asset tokenization in 2026, citing the ability to leapfrog legacy plumbing and use stablecoin settlement. He projects the sector could reach several trillion dollars over the next decade, with growth hinging on major issuers moving from pilots to commercial products.

In 2025, governments shifted crypto into formal policy, led by actions outlined on December 25. The U.S. moved to a Strategic Bitcoin Reserve, the UAE enforced VARA and ADGM rules, and El Salvador kept holdings after ending legal tender, lifting reserves to roughly 7,500 BTC. Pakistan allocated 2,000 megawatts for mining, while Europe and Brazil tightened oversight, including an $18 million central bank stake in Coinbase.