Gate News message. On April 13, the Federal Reserve Bank of Kansas City (Kansas City Federal Reserve) released its latest analysis report stating that, within the current financial ecosystem, stablecoins mainly serve cryptocurrency trading and liquidity management, and have not yet achieved large-scale payment applications. The report shows that about 49% of stablecoin supply is used for trading liquidity support across centralized exchanges, decentralized finance protocols, and crypto infrastructure; 29% is used for transfers between wallets or internal fund operations; 21% is idle; and the proportion actually used for real-world payments is less than 1%. The report’s analysis believes that, as a crypto-native tool, stablecoins are limited by cross-chain interoperability and their ability to connect with traditional financial systems, which has prevented them from breaking into payment use cases. Despite 2026 announcements from payment processors such as Mastercard and Visa indicating support for related technology, stablecoin payment applications remain in an early stage. The report notes that future development needs to address key issues such as interoperability, compliance frameworks, and identity verification.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
American Bitcoin Reports $82M Q1 Loss, Second Consecutive Quarterly Decline
According to Glong Hui, American Bitcoin reported on May 7 that the mining company posted an $82 million net loss in the first quarter, marking its second consecutive quarterly loss. Revenue declined approximately 20 percent to $62 million, driven by declining bitcoin holdings value. The company
GateNews11h ago
Standard Chartered Global Stablecoin Report: Non-USD stablecoins have enormous potential, with Taiwan’s score nearly matching Singapore
According to a recent global stablecoin research report released by Standard Chartered, the global stablecoin issuance has surpassed $320 billion, and in Q1 2026 the total stablecoin transaction volume exceeded $28 trillion, setting a historic high for a single quarter. The report notes that non-USD stablecoins have substantial room for expansion, with Taiwan’s score comparable to the Singapore market. Analysis of Global Stablecoin Market Concentration and Non-USD Demand According to the Standar
MarketWhisper11h ago
TeraWulf Q1 earnings report: HPC revenue first surpasses Bitcoin mining, net loss reaches $427 million
According to Decrypt’s May 9 report, Bitcoin miner and data center operator TeraWulf (WULF) released its 2026 first-quarter financial results, recording a net loss of approximately $427 million. Total quarterly revenue was $34 million, of which revenue from its AI high-performance computing (HPC) business was $21 million, marking the first time in TeraWulf’s history that its quarterly HPC revenue surpassed Bitcoin mining revenue.
MarketWhisper15h ago
Tokenized RWA Exceeds $300 Billion, Up 10x in Two Years: a16z Crypto
According to a16z Crypto, tokenized real-world assets (RWA) have exceeded $300 billion in size, growing 10-fold over the past two years. U.S. Treasury bonds account for nearly half of the total, with the asset class expanding to include government debt, commodities, equities, and private credit on-c
GateNews16h ago
TeraWulf Q1: HPC revenue surpasses Bitcoin mining for the first time, loss of $428 million, Hawesville to acquire 300 million
TeraWulf for the first time in 2026 Q1 saw HPC lease revenue exceed Bitcoin mining revenue, accounting for 62% of total revenue. The main reason was Core42’s long-term data center contract; however, the company posted a net loss of $427.6 million this quarter, mainly due to non-cash warrant revaluation and interest costs. The company is driving expansion with a $301.9 million acquisition via Hawesville. It has $3.09 billion in cash and restricted cash, with subsequent progress pending power-up and new customer contract signings.
ChainNewsAbmedia16h ago
