Stablecoin

On 11 December 2025, Superstate launched a platform that enables U.S. companies to issue new tokenized shares on public blockchains such as Ethereum and Solana and accept investor funds directly in stablecoins. The framework preserves existing securities filings while shifting primary equity distribution onchain to target instant settlement and lower issuance costs. Initial live issuances are planned for 2026, aiming to broaden investor access.

The Blockchain Game Alliance’s 2025 State of the Industry report finds that stablecoin adoption is among the top three growth drivers for Web3 gaming, contributing 27.3% to sector expansion. High-quality game launches account for 29.5% of growth, while revenue-focused business models add 27.5%, pointing to a shift toward payments infrastructure and sustainable design. The update was published on December 10, 2025 at 8:35 PM UTC, according to the BGA.

On 10 December 2025, an industry survey from the Blockchain Gaming Alliance found that Web3 game developers are moving away from hype-driven play-to-earn models toward stronger in-game economies and higher-quality experiences. The report notes that studios now treat stablecoins as core payment infrastructure alongside interoperability and AI tools, while becoming less dependent on major traditional publishers for growth.

On December 10, 2025, Tether introduced QVAC Health, an AI-powered wellness app that keeps fitness, nutrition, and biometric data encrypted and stored locally on users’ devices, according to QVAC. The issuer of the $186 billion USDT stablecoin is expanding further into artificial intelligence and decentralized technology. Tether also holds a majority stake in brain-computer interface firm Blackrock Neurotech valued at $200 million.

In a December report released on December 10, 2025, the IMF warned that fiat‑pegged stablecoins could undermine currencies in emerging markets and developing economies by enabling capital outflows, currency substitution, and bypassing capital flow management rules. Market commentators Noelle Acheson and Coinbase’s David Duong countered that the stablecoin sector is still too small to have a macroeconomic impact, noting that activity remains modest compared with foreign‑exchange and portfolio flows, according to the report.

Tether said Abu Dhabi Global Market has recognized USDT as an Accepted Fiat-Referenced Token, allowing institutions licensed by the Financial Services Regulatory Authority to use the stablecoin for regulated services on multiple blockchains. The designation is intended to enhance interoperability, liquidity, and cross-border settlement, while strengthening the UAE’s oversight of digital assets, according to Tether.

Circle obtained authorization from Abu Dhabi Global Market to run USDC-related money services on 9 December 2025. The company appointed former Visa executive Saeeda Jaffar to lead growth across the Middle East and Africa. Abu Dhabi continues licensing firms including Tether, Ripple, Binance and Bybit.

STABLE plunged after Stable’s mainnet launch on December 8, hitting an all‑time low near $0.015. The token dropped more than 70% versus its IDO sale price. It opened with 18B circulating out of 100B total supply, with 50% allocated to the team and early backers. PancakeSwap liquidity was about $720K.

Circle has secured full regulatory approval from Abu Dhabi Global Market's Financial Services Regulatory Authority to operate as a Money Services Provider and offer regulated USDC services in Abu Dhabi. The licence enables the company to provide institutional payment, settlement and digital-asset services in the UAE, bolstering the country's position as a hub for compliant crypto activity. Circle has also appointed Dr Saeeda Jaffar as Managing Director for the Middle East and Africa to lead its regional expansion.

In November 2025, the U.S. Securities and Exchange Commission (SEC) ended a two-year investigation into Ondo Finance without recommending enforcement action. The probe, launched in October 2023, examined Ondo's tokenized U.S. Treasury products and whether the ONDO token should be classified as a security under then chair Gary Gensler and later Paul Atkins.