Financial regulators in South Korea are preparing new rules that will allow public companies to invest in cryptocurrencies, although dollar-pegged stablecoins may be excluded from the list of permitted assets. This concerns $USDT and $USDC, which are widely used in international settlements.

The Florida Senate unanimously approved the first U.S. state-level bill regulating the use of stablecoins. The document must be signed by the governor within 30 days.

According to on-chain data, stablecoin inflows to crypto exchanges have doubled in recent weeks — from $51 billion at the end of December to $108 billion today.

The growth of USD1 was driven by an application from World Liberty Financial to establish a trust bank, filed with the U.S. Office of the Comptroller of the Currency (OCC). If the application is approved, the company will be able to issue, redeem, convert, and custody USD1 under federal supervision.

The Central Bank of the United Arab Emirates approved the launch of the country’s first dollar-backed stablecoin, USDU, under the Payment Token Services Regulation framework. The token has already been put into circulation and can be used for settlements involving digital assets in a regulated environment.

Cryptocurrency tokens pegged to the U.S. dollar could cause an outflow of around $500 billion in deposits from American banks by the end of 2028, Reuters reports, citing calculations by Standard Chartered. This forecast could intensify the confrontation between the banking sector and crypto companies over legislation regulating digital assets.

The issuer of Tether (USDT), the company Tether, freezes stablecoins far more often than Circle, the firm that issues USD Coin (USDC).

The USDT stablecoin on the Ethereum (ETH) network has reached an all-time high in a key metric — user activity. According to on-chain data, the 30-day simple moving average of active addresses has exceeded 200,000, setting a new record for the ERC-20 version of the stablecoin. This indicates a sharp increase in the number of participants using USDT for transfers, trading, and interactions with protocols.

At the BCVC 2025 event held at the Harvard Club of New York, Miran described stablecoins as a “multi-trillion-dollar problem for central banks” and said he expects a massive outflow of funds from banks if large volumes of capital are quickly moved between banks and stablecoin issuers.

The authorities of Kyrgyzstan have officially registered the USDKG stablecoin, according to local media outlet Tazabek, citing data from the Financial Market Regulation and Supervision Service. The Ministry of Finance stated that “the stablecoin has not yet been launched and is currently in the preparatory stage. Further information will be provided after the launch.”

Nearly a year after its launch, Ripple’s RLUSD stablecoin has surpassed $1 billion in market capitalization, ranking 10th among the largest U.S. dollar–pegged stablecoins. Since the beginning of the year, the digital asset has grown by 1,278%.

In October 2025, the dynamics of the cryptocurrency market remained sluggish despite expectations for the traditional “Uptober” rally. The price of Bitcoin (BTC) gained only 4.4% over the month, but the historical seasonality of November and December may support growth in the digital asset industry.

According to DappRadar analysts, the total market capitalization of stablecoins exceeded $312 billion in October 2025. This figure is greater than the GDP of 151 countries and is comparable to the economy of Finland.

This marks the highest stablecoin inflow since early February 2024, when the figure exceeded $7.23 billion. Binance currently leads, followed by Bybit with $1.3 billion, while other platforms collectively attracted $1.72 billion.

Western Union (WU) has announced plans to launch the U.S. Dollar Payment Token (USDPT) and a Digital Asset Network in the first half of 2026. The USDPT stablecoin will be built on the Solana blockchain and issued by Anchorage Digital Bank.

Frankmedia — Kyrgyzstan has launched its national stablecoin KGST and central bank digital currency (CBDC) in partnership with the cryptocurrency exchange Binance, according to a post on X (formerly Twitter) by Changpeng Zhao, founder of Binance and digital asset advisor to President Sadyr Japarov.