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The total market capitalization of stablecoins surpassed $185 billion, with USDT and USDC continuing to dominate as demand for on-chain dollar liquidity remains strong across markets.
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Crypto Custody Insurance Milestone
EN: Leading digital asset custodians secure additional $5 billion in insurance coverage. Institutional confidence in cold storage continues rising.
Major DeFi lending protocols reported average borrow rates dropping to multi-month lows. Increased stablecoin liquidity and reduced risk appetite are key contributing factors.
A consortium of Web3 projects finalized a new decentralized identity standard compatible with major wallets. The framework enables reusable credentials while preserving user privacy across applications.
Major stablecoin issuers recorded their highest monthly minting volume in recent months. Rising demand from trading desks and payment platforms continues to support expanded circulation.
Average DeFi lending rates across major protocols stabilized between 4-7% this month as liquidity deepened. Institutional participants increasingly favor on-chain fixed-income alternatives.
Several platforms expanded tokenized short-term Treasury offerings this month. Yield and settlement transparency continue attracting both crypto-native and traditional allocators.
Combined stablecoin market cap reaches $285 billion. USDT and USDC dominate while new yield-bearing stables gain rapid adoption among institutions.
Prediction-market firm Kalshi filed to launch perpetual futures tied to a U.S. stock index and copper. The products would blend event-market infrastructure with continuous commodity and equity exposure. Regulators must still clear the listing.
Cardano led major tokens in August with about a 36% monthly gain as the rally broadened beyond Bitcoin. ADA’s move tracked renewed institutional risk appetite and hopes for clearer U.S. market-structure rules.
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