• Stablecoin market cap rose 0.58% to $307.7B, with USDC up 3.30% and USDT up 7.08%. • Active addresses fell 2.85% while monthly volume surged 62.21%. • Transaction volumes dropped 21.64% due to a 41.77% DeFi contraction. • Staking volumes exploded 166.68% and asset management grew 44.07%. • White House stablecoin talks stalled over yield ban disputes. • Tether invested $100M in Anchorage Digital, valuing it at $4.2B.

Article Summaries:

  • In The Stables: CLARITY Act Hits Wall Over Yield Restrictions

The week’s briefing highlights a pause in the U.S. government’s CLARITY Act, stalled by disputes over a proposed ban on yield‑generating stablecoins. While the global stablecoin market cap edged up 0.58 % to $307.7 billion, active addresses fell 2.85 % and transaction volume dropped 21.64 % amid a 41.77 % contraction in DeFi activity. Notable moves include Tether’s $100 million equity stake in Anchorage Digital, Avalanche’s selection as the network for FinChain’s yield‑bearing FUSD, and Circle’s partnership with Polymarket to shift to native USDC settlement. These developments underscore regulatory uncertainty and shifting institutional focus within the stablecoin ecosystem.

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