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  • 21:21
    Stablecoin Market Grows by $9.11 Billion Following the Introduction of the GENIUS Act
    According to Jinse Finance, following the passage of the GENIUS Act, the stablecoin market experienced a significant surge of $9.11 billion in market capitalization within 23 days. Among the highlights: - Ethena Labs’ USDe led the growth, adding $4.19 billion, driven by increased yield opportunities from Aave/Pendle protocol integrations. - Tether’s USDT rose by $3.71 billion, maintaining its dominant position, while SkyEcosystem’s USDS increased by $1.3 billion, underscoring the diversification in stablecoin adoption. - New entrants such as PayPal’s PYUSD ($146 million) and Ripple’s RLUSD ($102 million) indicate growing institutional interest in the stablecoin ecosystem.
  • 20:57
    In July, on-chain stablecoin transfers totaled approximately $3.3 trillion, with around 39.7 million active addresses
    According to a report by Jinse Finance, data from RWA.xyz’s real-time dashboard shows that on-chain stablecoin transfers in July amounted to approximately $3.3 trillion, with around 39.7 million monthly active addresses, and the total value of stablecoins was close to $259 billion.
  • 20:23
    The crypto industry secured $2.67 billion in investments in July, accounting for 85% of funds raised in the second quarter
    According to Jinse Finance, the crypto industry secured $2.67 billion in investments in July, amounting to 85% of the total funds raised in the entire second quarter. DefiLlama data shows that July’s funding increased by 6% compared to June, when crypto startups raised just over $2.5 billion. Additionally, July marked the second-highest funding month, surpassed only by March’s $3.5 billion. Pump.fun’s presale made a significant contribution to July’s funding, attracting nearly $1 billion even before its token launch event.
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