Retail is back.
Bots still dominate volume, but small-value transfers hit record highs, and the ruble stablecoin just became the largest non-USD asset.
All that and more in this week’s In The Stables: Ruble Risk and the Return of Retail 👇
🚨 Stablecoin news moves fast, here’s what you missed this week:
1⃣ @Paxos + @AleoHQ launch USAD, a privacy-focused dollar stablecoin for institutions (10/1)
2⃣ A7A5 ruble stablecoin surges past $500M as EU preps sanctions (10/7)
3⃣ Bots drove 70% of stablecoin transfers in Q3, but retail activity hit record highs (10/7)
4⃣ Bank of England softens stance, easing stablecoin holding limits (10/7)
5⃣ Fasset wins approval to launch a stablecoin-powered Islamic digital bank in Malaysia (10/7)
The latest edition of In The Stables, authored by @oztxn and me, breaks down the top headlines, dives into onchain data, and explores what’s next for the global stablecoin ecosystem.
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