CoinDesk Weekly Recap: Stablecoins Dominate the Cycle

币界网报道:Stablecoin-related assets are experiencing a surge amid regulatory progress and corporate initiatives, with Circle's USDC issuer stock rising 500% since its June 5 debut, now valued at $77B—exceeding USDC's $62B market cap. Tether holds significant cash reserves, even acquiring a stake in Juventus FC, while Coinbase benefits from USDC revenue, reaching a four-year stock high. Euro-backed stablecoins like EURC rose 44% this year. Mastercard and Visa responded with partnerships, including Moonpay and Chainlink. Meanwhile, SEI rallied, the Fed eased crypto banking restrictions, and World Liberty Financial backtracked on token transferability. The crypto market remains highly active despite seasonal lulls.

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