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CoinFound Data: The total market cap of stablecoins is $285.39 billion.
ME News, June 24 (UTC+8), according to CoinFound data (market cap by chain):
Ethereum, $175.01B
TRON, $89.43B
Solana, $15.68B
Arbitrum, $3.06B
BNB Chain, $2.2B
Market Dynamics:
OCC plans to apply the Bank Secrecy Act to stablecoin issuers
Visa Q2 revenue of $11.2 billion, up 17% year-over-year; stablecoin settlement pilot annualized scale reaches $7 billion
Chainlink partners with 47 European and Korean banks to advance Project Pangea, aiming to achieve real-time cross-border settlement of stablecoins within a year
South Korean payment platform KG Group reaches agreement with Solana Foundation to introduce stablecoin payments
Summary:
Stablecoins have entered the stage of 'global payment infrastructure + bank-grade compliance regulation + scaled growth in actual settlement.' (Source: CoinFound)