October 2025 marked crypto history with a historic crash and the mysterious depeg of the USDe stablecoin on Binance. Changpeng Zhao (CZ) rejects all responsibility, but technical evidence and expert criticism suggest another reality.
A stablecoin backed by BlackRock, a crypto ecosystem in superapp mode… what if Jupiter was preparing the discreet invasion of the dollar into our decentralized wallets?
Crypto markets are showing signs of strain as several key measures of capital flow turn negative. Recent data points to a broad cooling of demand across Bitcoin ETFs, stablecoins, and corporate treasury activity. And as expected, this trend has raised concerns that the rally’s core drivers have stalled.
The third quarter of 2025 marked a major milestone for the stablecoin market, reflecting growing global adoption and institutional use. Fueled by record DeFi activity and greater regulatory clarity, stablecoins reached historic highs in both supply and transaction volume, solidifying their role as a core pillar of the digital asset economy.
The future of stablecoins is taking shape in this colorful and often unpredictable world of cryptos. Records are breaking one after another, driven by massive adoption and piling innovations. And while some see it as a simple fad, others bet that this wave will not stop anytime soon. The numbers speak for themselves... and they have rarely been so eloquent.
Over the past week, nearly $5 billion in new liquidity has flowed into the stablecoin ecosystem, led by supply spikes in Sky’s USDS and Ethena’s USDe. As the market adjusts to a new phase of federal oversight, competition among dollar-pegged tokens appears to be entering a critical phase.
DeFi loans hit a record high of 11 billion, with Aave V3 leading, thanks to Ether.fi and Ethena yield strategies.