Stablecoin

Tokenized gold has exceeded $4 billion in market value, with products such as PAX Gold and Tether Gold increasingly used for savings and wealth protection in regions facing currency devaluation and limited banking access, according to CoinGecko data. New partnerships and platforms in Africa, Asia, and Sub‑Saharan markets are enabling fractional gold ownership, faster cross‑border transfers, and FX swaps. At the same time, regulatory uncertainty, custodial risk, and limited user education remain major obstacles to wider adoption.

On 11 December 2025, State Street Investment Management, Galaxy Asset Management and Ondo Finance introduced SWEEP, an onchain cash-sweep fund designed to settle in PYUSD. The first deployment is planned for Solana in early 2026, with Ondo seeding $200 million, according to the partners. Stellar and Ethereum are slated next, with CCIP enabling cross-chain movement.

Revolut and Trust Wallet rolled out instant crypto purchases for EU users, with assets delivered directly into Trust Wallet for self-custody. The integration supports RevolutPay, debit cards, and bank transfers, with 0% Revolut Pay fees in some cases and possible network or third‑party charges. Supported assets include Bitcoin, Ethereum, Solana, USDC, and USDT.

According to Cryptonews, the NYSE hosted a bronze statue of Bitcoin creator Satoshi Nakamoto, the sixth of 21 planned installations by Twenty One Capital. Twenty One's shares fell 19% on Tuesday's debut following a SPAC merger, even as the firm holds about 43,500 BTC. Bitcoin traded at $90,121 Thursday morning, down 2.3% after the Fed's third straight 25 bp cut.

On December 11, 2025, Gemini said it added RLUSD support on the XRP Ledger. The update enables RLUSD deposits on XRPL and withdrawals on XRPL or Ethereum, with staking up to 4% APY and near-instant settlement. Mastercard and WebBank will use RLUSD to settle transactions on the Gemini Credit Card. XRP fell from $2.17 to $2.02 over 48 hours.

Galaxy has launched a new entity and office in Abu Dhabi under the Abu Dhabi Global Market framework, extending its footprint in the Middle East. The move follows Q3 2025 net income of $505 million and equity of $3.2 billion. Galaxy has also joined a planned $1.65 billion Solana treasury fund alongside other crypto investors. The expansion comes as the UAE continues to approve major exchanges and stablecoin issuers.

On December 11, 2025 in San Pedro, Costa Rica, BTSE launched a staking campaign for the Stable (STABLE) token tied to its December 8, 2025 listing. Participants who complete KYC and stake at least 8,000 STABLE for seven days can access APR tiers of 100%, 300%, or 500%, depending on stake size and how quickly they secure an allocation. The campaign also adds referral-based chances to obtain higher APR tiers and is aimed at driving adoption of Stable's USDT-focused blockchain. BTSE positions the initiative as a way to encourage users to hold and use STABLE on its platform.

The Australian Securities and Investments Commission has approved class relief that removes separate Australian Financial Services licensing requirements for intermediaries distributing certain stablecoins and wrapped tokens. The measures also permit the use of omnibus account structures, which industry participants say will lower costs, improve efficiency and support broader real-world stablecoin use cases. The shift comes as global stablecoin market capitalization exceeds $300 billion.

State Street and Galaxy Asset Management plan to launch the State Street Galaxy Onchain Liquidity Sweep Fund (SWEEP) on Solana in early 2026, offering institutional investors an onchain liquidity product, according to the firms. The fund will support subscriptions and redemptions in PYUSD stablecoin, target Qualified Purchasers, and has secured a roughly $200 million seed commitment from Ondo Finance. The product is structured as a multi-chain solution, with Stellar and Ethereum integration to follow. It is designed to simplify institutional cash and real-world asset management on public blockchains.

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.