• RWA World
  • Posts
  • ⚪ Circle To Launch Stablecoin Blockchain

⚪ Circle To Launch Stablecoin Blockchain

RWA World Newsletter - Aug 15, 2025

Author

Ray Buckton
August 15, 2025

Friday? Again? You know it – Ray Buckton, Head of Research at RWA World, here to celebrate it with you. 🎉

Big reasons to celebrate, too. Our friends at ProvLabs are working with Animoca Brands on an exciting new RWA initiative. 👀

🎯🔥 Rapid Fire Takeaways:

But the biggest news is Circle’s shiny new Layer 1 blockchain, ARC, that focuses on stablecoins – a major move that, if successful, could eat into Ethereum’s RWA dominance. 🍽️

Chat with us live about this topic and more on Tuesday and Thursday at 2 pm EDT on Wolf Crypto. If you want to be part of the panel, email or message us on X – we’d love to hear your take. 🐺

🏛️ Govs, Regs, and Associations

The United States is embracing tokenization in a big way. Trump is demanding crypto rules by the end of August while pushing for crypto and private equity access for 401(k) plans, as the GENIUS Act may push trillions into tokenized assets, with the SEC eyes a US-UK crypto sandbox. Wyoming is blazing a digital asset trail for credit unions as Paxos, Ripple, and Circle vie for a national bank charter. Others are cleaning up their acts, with Paxos settling its BUSD partnership case for $48.5 million and Terra’s Do Kwon pleading guilty for its stablecoin collapse. 🦅 

The IMF confirmed that stablecoins flow from the US to the rest of the world, potentially worrying other countries. The EU banking regulator finalized rules for banks holding BTC and ETH, as Kraken has activated its MiCA license to serve 30 EEA countries. Further afield, El Salvador approved investment banks to hold digital assets, as Vietnam recognized crypto as key to its national investment strategy. ♟️

South Korea is exploring crypto ETF and stablecoin plans, but surprisingly, it may not have enough short-term bonds to backstop the latter. As revealed at the Hanoi Blockchain Summit, it's also collaborating with Vietnam. Asia’s been quietly building tokenization frameworks for a while now, and that’s nowhere more evident than in Hong Kong. 🌏

The city-state’s stablecoin ordinance is paving the way for licensed issuers as affluent clients return to the wealth management sector. The over-the-counter stablecoin market dropped by 33% after the recent stablecoin regulations took effect, and China followed suit by telling brokers to stop endorsing stablecoins altogether. Standard Chartered set up a JV to take advantage of this new licensing regime, as the Hong Kong Web3.0 Standardization Association launched its registration platform. 🐉

🤔 Friends Over Money? 

It’s hard to choose which is better – thankfully, we don’t have to, but in business, it’s all about the bottom line. Big money thrown around this week in acquisitions:

While some are buying outright, others are raising capital of their own to scale and grow: 

As we’ve said before, who you know can make all the difference. Binance is working with banking giant BBVA to enable its customers to hold assets off-exchange, showing they have quite an expensive network. Other new friendships include:

Now… the big question is how many of these investments were paid for with stablecoins? 👀

🐴 Stablecoins

Stablecoins are sprinting out of the gate, surpassing $270 billion in value, having gained $9.11 billion since the GENIUS Act’s passage. Crypto salaries have tripled since 2024, helping underpin the sector, as 250 million USDC was recently minted, and USDf surpasses $1.1 billion in circulating supply. By 2026, they could challenge SWIFT, with the asset class poised to serve as the future of digital bank deposits and counterparty risk. 💹

The infrastructure is maturing, with Trump’s WLF launching a loyalty points program for USD1 after launching on Tron as Coinbase eyes levying a 0.1% fee on USDC to dollar swaps over $5 million. Polygon is pivoting hard into stablecoins while Cardano’s DJED launched privacy and open-source features. While BVNK automates real-time stablecoin operations, Custodia has a patent for bank stablecoins, showing big maturation happening for TradFi participants. 🌱

Stablecoins are reshaping the global currency regime everywhere you look, especially in developing regions like Africa. Ethena’s USDe passed $10 billion in 500 days, Circle released its first quarterly earnings since IPO, and Coinbase relaunched a beloved stablecoin fund to bootstrap DeFi liquidity. The face of finance is changing, and its new look is stablecoins. 🎭

🚀 Launching To New Heights

First, integrations. Bitget Wallet is integrated with Immersve for a zero-fee USD-based crypto card, while KuCoin is integrated with UBS to use its tokenized money market fund as collateral. Very cool stuff, but there are even more successful launches on the books:

So much to cover that it can be hard to keep up… good thing you have RWA World. 😉

🌐 RWA Sectors & Ecosystems


Digital assets are spreading like wildfire, as IVD Medical adds $19 million in ETH to its corporate treasury and Chainlink launches a strategic LINK reserve. Ethereum may be surging on news like this, but tokenized equities are the real talk of the town. Galaxy is tokenizing its shares via Superstate, as is Exodus, and eToro is listing a whole litany of tokenzied stocks for its users. The real question is, can pre-IPO stocks become more liquid and accessible for the average investor? 💧

Let’s discuss this over some wine, which Savea is bringing on-chain. Other commodities are also becoming digital, and tokenized gold may be the new safe-haven asset… or sustainability assets, as everything from water to solar is getting tokenized. These commodities need insurance, and speaking of which, our friends at Re just launched institutional DeFi products focused on insurance on Avalanche. All while T-Rize got listed on Revolut. 🔥

🤠 Take Me Home, Country Tokenization

And just like that, we’re wrapping up another excellent edition of the RWA World newsletter.

Thank you, dear reader, for trusting RWA World as your go-to source for all your asset tokenization needs.

Have a great weekend ahead, and we’ll see you in the next issue!