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Stablecoin Weekly Report | Payment Giants' "Elephant in the Room" Moment: Why Mastercard, Fiserv Are Embracing Stablecoins, How Will the Traditional
Stablecoin Weekly Report | Payment Giants' "Elephant in the Room" Moment: Why Mastercard, Fiserv Are Embracing Stablecoins, How Will the Traditional

1. The total market capitalization of stablecoins has reached $252.9 billion, with a weekly increase of $11.7 billion. USDT and USDC lead with market shares of 62.57% and 24.26%, respectively. Ethereum, Tron, and BSC are the top three networks in terms of stablecoin market capitalization. 2. Traditional financial institutions such as Mastercard and Fiserv have started embracing stablecoins to address the structural trend of stablecoin annual transaction volume surpassing that of Visa and Mastercard combin

BlockBeats·2025/06/29 04:04
KraneShares Launches Major ETF Targeting Top 50 Cryptocurrencies
KraneShares Launches Major ETF Targeting Top 50 Cryptocurrencies

In Brief KraneShares proposes an ETF to track the largest 50 cryptocurrencies by market capitalization. The ETF aims to provide investors with a diversified and comprehensive market evaluation. SEC approval is required for the ETF; it could attract institutional interest in altcoins.

Cointurk·2025/06/29 01:16
Flash
05:13
Institution: Japan's output gap remains positive, which may support further rate hikes
```htmlGolden Ten Data reported on July 6 that Maruyama Yoshimasa, an economist at SMBC Nikko Securities, stated that the Bank of Japan’s first-quarter output gap estimate shows a stable positive trend, which helps drive inflation higher. He pointed out that this data can be seen as a reason to support further rate hikes. However, he added that the positive output gap has not widened, indicating there is currently no urgent need to accelerate the pace of monetary tightening. "If there is a need to speed up rate hikes or increase their magnitude in the future, it may be due to the delayed but significant transmission effect of inflationary pressures stemming from the situation in the Middle East, or a rise in inflation expectations," he said.```
05:13
The deployer of meme coin TCC may have only profited $76,000, missing out on a potential peak gain of $43.4 million.
BlockBeats News, July 6, according to reports, the deployer of the Meme coin TCC (0x699) bought in after creating the token, at a market cap of around $12,800, investing about $10,200. Subsequently, as TCC's market cap rose, this address sold all holdings at an average market cap of around $124,000, ultimately earning a profit of only about $76,000. Based on TCC's market cap peak of approximately $70.88 million, the deploying address potentially "missed out" on around 571 times the profit, with unrealized gains at one point reaching about $43.44 million. Even at the current market cap, the potential profit still stands at roughly $22.94 million. As of press time, TCC's market cap is about $37.8 million, down approximately 47% from its peak, with a 24-hour trading volume as high as $64.5 million. BlockBeats Note: Meme coin trading experiences significant volatility, is often driven by market sentiment and speculation, and generally lacks actual value or use cases. Investors should be aware of the risks.
05:11
Analysis: Bitcoin rebounds but spot trading volume rapidly shrinks, long squeeze risk in derivatives is accumulating
According to ChainCatcher, crypto analyst Murphy pointed out that during Bitcoin's rebound from $58,000 to nearly $64,000, the relative spot trading volume declined rapidly. A rebound lacking support from spot demand is unlikely to form the basis for a trend reversal and is usually merely an emotional corrective move. Attention should be paid to the sustainability of the rebound. On a positive note, the USDC/USDT exchange rate has pulled back from 1.001 to 1.0006, indicating a weakening intention to exit the market and a rise in trading intention. Although mainstream stablecoins on exchanges are still experiencing net outflows, the scale of outflows continues to narrow, and the marginal improvement in liquidity is supporting the continuation of the rebound. However, the weakening spot-driven force means that derivatives' weight has relatively increased. The 7-day average perpetual futures long premium has continued to rise to $160,000 per hour, indicating that taker buying is persistently pushing perpetual prices above spot. Although open interest has declined somewhat, it remains significantly higher than its level in February this year. The current long premium is still within the normal range, but as the rebound continues, long squeeze risks will continue to accumulate—once open interest rebounds again, an intense battle between longs and shorts could lead to faster and sharper volatility, which is a potential risk to watch in advance.
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