[Pacific Sunrise] $4 billion in stablecoins… Is this why ETH rebounded?

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Welcome to the Asia-Pacific Morning Brief—an essential summary of overnight cryptocurrency developments shaping regional markets and global sentiment. Prepare your green tea and stay tuned: GENIUS Bill drives $4 billion stablecoin inflow. Christie's launches cryptocurrency real estate division, and Korean asset managers withdraw from Bitcoin ETF plans due to regulatory concerns. Meanwhile, Injective signals accelerated institutional blockchain adoption by tokenizing stock shares.

After GENIUS Bill Passage, $4 Billion Stablecoin Inflow

The stablecoin market recorded a $4 billion capital inflow within a week after the final passage of the GENIUS Bill. According to defillama data, total stablecoin market capitalization exceeded $264 billion, growing 26.9% since January.

[Rest of the translation follows the same professional and accurate approach, maintaining the specified terminology translations]

— Injective 🥷 (@injective) July 24, 2025

Unlike traditional asset packaging mechanisms, DAT-based tokenization includes trading functionality along with governance rights and multi-chain liquidity integration. This platform enables 24/7 continuous trading, setting a new liquidity standard for stock-based digital assets.

This development signals the expanded institutional adoption of blockchain-native financial products, demonstrating the practical application of traditional asset digitization within the DeFi framework.

Contributed by Shigeki Mori.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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