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Seeds of Wisdom
VISA, STRIPE, AND MASTERCARD DRIVE STABLECOIN GROWTH IN 2025
▪️ Stablecoins are transitioning from a crypto niche to a significant force in global finance.
▪️ Major financial firms like Visa, Mastercard, and Stripe are actively integrating stablecoin technology.
▪️ Stablecoin transaction volumes now surpass Visa’s, indicating rapid mainstream adoption.
Stripe Embrace Stablecoins
There’s no denying the shift – traditional finance is embracing stablecoins. Visa has launched its Tokenized Asset Platform to help manage stablecoins and tokenized deposits. Stripe, meanwhile, is testing stablecoin payments to make it easier for businesses outside the US and EU to access US dollars.
Mastercard has introduced features that allow consumers to spend in stablecoins and merchants to receive payments in these digital currencies worldwide.
Stablecoin Market Overview
The stablecoin market is booming, with a total market cap of $243.1 billion, according to Coingecko. Tether (USDT), USDC, and USDS lead the charge, with market caps of $148 billion, $62 billion, and $7.6 billion, respectively. In terms of transaction volume, Tether dominates with over $51 billion, followed by USDC with $11 billion.
Stablecoin Transaction Volume Surpasses Visa
In an impressive shift, stablecoins now process more transactions on a weekly basis than Visa. This signals their growing influence in the global financial system and suggests they’re quickly becoming a mainstream financial tool that challenges traditional payment networks.
The Future of Stablecoins: What’s Next?
Billionaire investor Chamath Palihapitiya predicts that the stablecoin sector will see significant growth throughout 2025, with US dollar-backed stablecoins emerging as the biggest winners. He believes these stablecoins will become a core component of the global financial system, further solidifying their position in the market.
@ Newshounds News™
Source: Coinpedia
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CIRCLE SECURES USDC REGULATORY NOD IN ABU DHABI, ENTERS TECH ECOSYSTEM
Circle’s FSRA approval in Abu Dhabi sets stage for significant USDC expansion across the Middle East and Africa.
Circle, the issuer of the USDC stablecoin, has secured initial approval from the Financial Services Regulatory Authority (FSRA) in Abu Dhabi.
The approval, announced on April 29, allows Circle to move closer to receiving a full Financial Services Permission (FSP) to operate within the Abu Dhabi Global Market (ADGM).
This progress comes just months after Circle’s incorporation in ADGM in December 2024. It marks a significant step in the stablecoin issuer’s plan to offer compliant financial services across the Middle East and Africa (MEA).
Circle stated that the approval strengthens its position as a trusted player in the expanding world of regulated digital finance.
The firm continued that the move would allow it to expand the reach of USDC, the second-largest US dollar-pegged stablecoin by market capitalization, throughout the Middle East.
According to the firm, this would significantly boost USDC’s adoption in a region increasingly turning toward digital assets and adequately compete against Tether’s USDT, the largest stablecoin by market cap.
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Circle’s CEO, Jeremy Allaire, said:
“[This creates] new pathways for investment and innovation in the region. It also underscores Circle’s enduring commitment to global stablecoin oversight—strengthening trust, compliance, and adoption worldwide, while laying a resilient foundation for the internet financial system.”
Collaboration with Hub71 to boost innovation
Beyond its regulatory success, Circle has partnered with Hub71, Abu Dhabi’s leading global tech ecosystem.
This partnership is focused on promoting digital asset innovation and strengthening the region’s fintech infrastructure.
Circle will work with Hub71 to tap into ADGM’s digital regulatory sandbox, a framework designed to test and support new financial technologies. The collaboration will give fintech founders access to grants, funding networks, and opportunities to scale their businesses.
Additionally, Circle will become part of Hub71’s Digital Assets Specialist ecosystem. This growing community includes more than 500 tech startups and venture capital partners.
Ahmad Ali Alwan, CEO of Hub71, said:
“Circle’s expertise will enrich our digital assets ecosystem, providing Hub71 founders with greater access to resources, mentorship, and growth opportunities. Through this partnership, we are enabling the adoption of leading digital financial infrastructure that supports startup growth and drives the evolution of Web3 and digital finance from Abu Dhabi.”
@ Newshounds News™
Source: CryptoSlate
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Source: Dinar Recaps
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HISTORIC: AI WILL BEGIN DEVELOPING LAWS IN THE UAE
The government of the UAE has launched what it calls the first AI-based legislative system, allowing synthetic agents to develop laws and monitor their effects through big data analysis.
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UAE Enables AI Interaction in Lawmaking With New Smart Legislative System
Artificial Intelligence (AI) has begun to penetrate all aspects of human life, and governance is next. On April 14, the government of the United Arab Emirates (UAE) approved the implementation of what the media is calling the first AI-powered legislative system, paving the way for the proposal of law projects with significant synthetic participation.
The system will link all judicial rulings to their established jurisdictions, creating a map that connects these rulings with AI elements. As a participant in this system, the AI will be able to monitor these developments and study the effects of regulations in each jurisdiction with the help of this map.
Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister of the UAE and a member of the cabinet that approved this development, expects AI to significantly improve the legislative process in the UAE.
In this regard, he stated:
“The new AI-based legislation system will create a qualitative shift in the legislative cycle, its speed, and its accuracy, ensuring our national legislative excellence and keeping our laws in line with best practices and the highest aspirations.”
Al Maktoum also highlighted that the system will be able to propose legislative amendments on an ongoing basis, supported by the analysis of their effects using big data and statistics. Official reports stated that the expectation is for this tool to enhance the efficiency of the legislative process and accelerate the legislative issuance cycle by up to 70%.
This new approach to legislation will also create new roles for AI agents, such as legislative researchers, legislative editors, and legislative monitors.
However, neither the technical details of the implementation nor the models to be used for this system were specified by UAE authorities.
@ Newshounds News™
Source: Bitcoin
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US SENATE MAJORITY LEADER EXPECTS STABLECOIN VOTE BEFORE MAY 26 — REPORT
Lawmakers in the US Senate will reportedly move forward with a vote on the GENIUS stablecoin bill before the Memorial Day holiday.
US Senate Majority Leader John Thune reportedly told Republican lawmakers that the chamber would address a bill on stablecoin regulation before the May 26 Memorial Day holiday.
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According to an April 29 Politico report, Thune made the comments in a closed-door meeting with Republican senators, who hold a slim majority in the chamber.
The Guiding and Establishing National Innovation for US Stablecoins, or GENIUS Act, was introduced by Senator Bill Hagerty in February and passed the Senate Banking Committee in March.
Thune did not mention any crypto or blockchain-related bills in his public comments on US President Donald Trump’s first 100 days in office. Since his Jan. 20 inauguration, Trump has signed several executive orders with the potential to affect US crypto policy, including one affecting stablecoins. Still, many of the actions do not carry the force of law without an act of Congress.
The proposed GENIUS bill could essentially restrict any entity other than a “permitted payment stablecoin issuer” from issuing a payment stablecoin in the United States.
The House of Representatives, also controlled by Republicans, has proposed a companion bill to the legislation: the Stablecoin Transparency and Accountability for a Better Ledger Economy, or STABLE Act.
Trump a-----d of conflicts of interest over stablecoins, crypto ventures
The president’s executive order, signed on Jan. 23, established a working group to study the potential creation and maintenance of a national crypto stockpile and a regulatory framework for stablecoins. Republican lawmakers followed by introducing the STABLE and GENIUS acts.
Trump also introduced the order before World Liberty Financial, a crypto firm backed by the president’s family, launched its US-dollar pegged USD1 stablecoin.
Many D--------c lawmakers said that Trump’s ties to the firm, coupled with his political influence and position, could present an “extraordinary conflict of interest that could create unprecedented risks to our financial system” as Congress considers the two stablecoin bills.
@ Newshounds News™
Source: CoinTelegraph
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Source: Dinar Recaps
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