
A decade of stablecoins: from barbarism to empire, a war without end
This article analyzes the development of the stablecoin market, from early experiments to the current dominance of USDT and USDC, and explores the advantages and disadvantages of different stablecoin models and their role in global financial strategy.
2025-09-08
stable currency

CoinW研究院周报(2025.9.1-2025.9.7期)
全球加密货币总市值为4.06万亿美元,较上周3.84万亿美元,本周内加密货币总市值上升5.73%。
2025-09-08
stable currency
currency
Solana
airdrop
AI

Hyperliquid stablecoin USDH becomes a hot commodity in the industry, with giants vying for distribution rights.
Three major stablecoin issuers and two teams within the ecosystem are competing, and the results will be announced on the 14th.
2025-09-08
stable currency
Circle
USDC

24-Hour Hot Coins and News | Multiple Projects Compete to Issue Hyperliquid Stablecoin; Tether Reveals Major Bitcoin Holdings (September 8)
Avantis has launched the AVNT token airdrop checker, and airdrop claims will begin on September 9th.
2025-09-08
stable currency
invest
airdrop
Justin Sun
Trump

A Panorama of USD1 Investment Opportunities: From Lazy "Lying Flat" to DeFi's 45% Annualized Return Strategy
Players with different risk preferences can find a profit track that suits them.
2025-09-07
stable currency
DeFi
Uniswap
Solana

Is the end of stablecoins the public blockchain? A new attempt by the three giants
From the above introduction to the core concepts of each stablecoin public chain, it's clear that Ethena's Converge differs significantly from the other three. Plasma, Stable, and Arc all define themselves as payment infrastructure, focusing on making stablecoin transfers simpler and cheaper. Essentially, they're transforming the traditional payment experience with blockchain technology. Converge, on the other hand, explicitly positions itself as a DeFi innovation platform, which aligns with Ethena's core principles. Unlike traditional stablecoins like USDC and USDT, which are backed by cash and government bonds, USDe maintains price stability through a delta-neutral strategy. This innovative mechanism makes Converge a natural fit for users deeply involved in DeFi or interested in on-chain financial innovation.
2025-09-06
stable currency
USDT
Circle
USDC
Plasm

Weekly Editor's Picks (08:30-09:05)
High-quality in-depth analysis articles and a weekly cram session on hot topics.
2025-09-06
stable currency
invest
Trump

The first year of the stablecoin public chain: the exit of giants, the next battle of stablecoins
When the contradictions of value distribution, technological limitations, user experience, regulatory compliance and competition are superimposed on each other, building a chain by oneself becomes an inevitable choice.
2025-09-05
stable currency

24-Hour Hot Coins and News | WLFI Blacklists Justin Sun's Address; Eric Trump to Make Major Announcement Tomorrow, Possibly Related to American Bitcoin (September 5)
The U.S. ADP employment figures for August were 54,000, compared with expectations of 65,000.
2025-09-05
exchange
ETH
stable currency
invest
currency
SEC
Paradigm
Justin Sun

回归「支付」,从Crypto到TradFi,稳定币的更大叙事是什么?
支付,是稳定币的起点,「全球支付」,则是它们走向全球金融基础设施的更大未来。
2025-09-04
stable currency

Why are so many people "watching" stablecoins, but it's so difficult to enter the market?
This article will analyze in depth the driving forces and obstacles behind the current stablecoin craze from the three perspectives of institutions, retail investors and on-chain innovation.
2025-09-04
stable currency

Yang Ge Gary: The trend of asset chain under the stable currency pricing method
This article explores the structural changes brought about by stablecoin legislation, explores the development trends of on-chain asset management and RWA, analyzes the logic behind the rise of coin-stock linkage in market structure, and discusses the evolution and potential impact of tokenization in the traditional financial system. As global compliance efforts accelerate, crypto finance's second growth curve is gradually unfolding. This article provides a systematic observation framework.
2025-09-04
stable currency
RWA
24-Hour Hot Coins and News | The probability of a US interest rate cut in September has risen to 98%; American Bitcoin, the Trump family's mining company, hit the daily limit three times on its IPO debut (September 4th).
Linea has opened airdrop inquiries and tokens can be claimed on September 10th.
2025-09-04
BTC
stable currency
invest
SEC
Injective
Robinhood
founder
airdrop
Prediction Market
Trump

GBeast: A social “cross-chain bridge” between USD1 and the MEME ecosystem
GBeast's ecological development is no longer isolated, but resonates with the broader DeFi and Meme ecosystems to form a synergistic effect.
2025-09-03
stable currency

Arthur Hayes: When Stablecoins Become Fiscal Weapons, How Does the US Dollar Redistribute Power?
This article will discuss the dollar’s control over the global reserve currency under Pax Americana.
2025-09-03
stable currency
policy
USDT

Lazy Money Management Guide | Linea Launches 1 Billion Token Liquidity Incentive; Jupiter Lend One-Click Revolving Loans Amplify Returns (September 3rd)
Cap’s cUSD can be moved to Pendle as an LP.
2025-09-03
stable currency
USDT
USDC






