September was full of institutional demand, crypto yields, and stablecoin adoption reshaped markets.
290+ public firms hold $163B+ BTC, outpacing production 4.3× → exchange supply hits 7-year low.
ETH climbs to ~$4,120, whale accumulation rising → reinforcing ETH as a core programmable finance asset.
Paxos seeks national trust charter → boosting institutional confidence; PayPal Xoom now settles in PYUSD → stablecoins moving into real-world cross-border payments.
Coinbase projects stablecoin market could hit $1.2T by 2028 → shaping Treasury demand and yields.
USDT $173B (~60% dominance), USDC $73.75B, DAI ~$5.4B, RLUSD $0.79B → market consolidating around liquidity + compliance-driven adoption.
Takeaway: Stablecoins are becoming the “invisible” layer that powers the whole digital finance system, and adopted institutionally. Tether dominates, USDC gains credibility, RLUSD tests niche adoption. Institutional liquidity, yields, and regulation are converging.
Show original
4.19K
1
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.