StableCoin

This article explores how stablecoins can reshape the monetary base through the "narrow banking model." It analyzes their interference with commercial bank deposits and the Federal Reserve's monetary policy transmission mechanisms. It also assesses the potential integration and competition between stablecoins and fractional reserve banking systems, as well as their interaction with the development paths of Central Bank Digital Currencies (CBDCs).

This article explores Tether’s multi-sector investment strategy—spanning agriculture, media, sports, and emerging technologies—alongside an overview of Circle’s core business and infrastructure initiatives.

sUSD depegged to $0.8388, highlighting stability challenges during Synthetix's mechanism adjustment phase. This article analyzes the market turbulence triggered by SIP-420, SNX volatility, and potential dip-buying opportunities, while assessing stablecoin risks and possible recovery paths.

This article provides an in-depth analysis of Ripple (XRP)’s latest developments, including its ongoing innovations and breakthroughs in areas such as cross-border payments, stablecoins, and the tokenization of real-world assets (RWA). It also offers a detailed introduction to Ripple’s business strategy, technological innovations, market performance, and interactions with regulatory bodies.

This article analyzes the stablecoin payment technology stack architecture—from fundamental stablecoin types to user-facing services and financial integration. It demonstrates why stablecoins will supplant traditional payment methods through their superior speed, efficiency, and cost-effectiveness. Through examining the functions and participants at each level, the article shows how stablecoin payments can serve billions of everyday users via wallets, payment services, liquidity provision, and other infrastructure, building a comprehensive Web3 payment ecosystem.

Falcon Finance is a high-yield stablecoin protocol that supports a diverse range of stable and non-stable assets as collateral. It provides sustainable yield opportunities for both individual users and institutions. While it faces challenges such as market competition, regulatory uncertainty, technological risks, and the need for user education, Falcon Finance holds the potential to establish a prominent position in the evolving DeFi ecosystem through its innovative mechanisms and robust market performance.

The "STABLE Act" aims to create a unified regulatory framework for payment stablecoins in the U.S., detailing the 1:1 redemption process, registration and issuance paths, and federal oversight, alluding to its strategic goal of establishing a digital dollar payment system and maintaining the dollar's global dominance.

This article will go into some examples of what programmable money achieves and why it truly represents such a substantial global unlock regarding how money moves.

This article focuses on csUSDL, a yield-bearing stablecoin created to improve treasury management for onchain businesses and DAOs. We explore how csUSDL works under the hood, where it improves on existing designs, and what csUSDL offers to potential users.

In 2024, the stablecoin market cap surged, yet altcoins didn’t follow suit. Gate Research Institute uses on-chain data and capital flow analysis to reveal that funds are shifting toward DeFi protocols, payment settlements, and institutional trading, signaling a new phase of “stablecoin financialization” in the crypto market.

This article analyzes the two core pillars of stablecoins: asset reserves and channel distribution. It emphasizes the decisive role of distribution channels in the success of stablecoins. Through specific case studies—such as Binance’s endorsement of FDUSD and Circle covering payment channel fees for USDC—the article reveals the practical competitive logic of the stablecoin market.

This article summarizes the author's own investment experience and concentrated research results in the field of stablecoins, and provides an in-depth interpretation of the topic of stablecoin returns.

This article starts from first principles to outline the operational mechanisms of the U.S. financial system and analyzes how crypto assets can be reasonably integrated into it.

The draft of the STABLE Act provides an excellent glimpse into the United States’ approach to stablecoin regulation. This article will dive into the core elements of the bill and the underlying reasons, exploring its profound impact on the US and global digital asset industry.

Figure aims to establish the first highly liquid private capital market, beginning with credit. By harnessing the Provenance blockchain and Figure Markets, it has developed a scalable technological solution to modernize and replace traditional lending infrastructure and loan origination processes. The launch of YLDS, the first SEC-approved yield-bearing stablecoin, marks a significant step in bridging traditional finance with the crypto industry, driving broader adoption and accessibility.