How Tether’s $127B in US Treasuries will hit top-5 foreign holders by 2033

Visa has launched a stablecoin payout pilot aimed at global freelancers and gig workers, utilizing blockchain technology. This initiative, announced on November 12, 2025, is expected to transform the way payments are made in the gig economy, offering instant and secure transactions. The pilot represents a significant advancement in the financial landscape, potentially revolutionizing global payments for millions of workers.

Figure is set to launch YLDS, a public debt security on the Solana blockchain, which will be backed by US Treasuries. This initiative aims to enhance the appeal of decentralized finance (DeFi) by integrating traditional finance elements, potentially attracting institutional investors and broadening the market's reach.

Circle, a stablecoin issuer, has announced plans to introduce a native token for its Arc blockchain following a significant surge in profits for Q3 2025. The company is considering implementing stablecoin-denominated gas fees on the Arc platform, which reflects its commitment to enhancing user experience and operational efficiency. Additionally, Circle aims to transition towards distributed governance in the long term, indicating a shift towards a more decentralized approach in managing the blockchain. This development is significant as it highlights Circle's growth and innovation in the cryptocurrency space, potentially influencing the broader market dynamics.

US Treasury Secretary Scott Bessent announced that substantial tax refunds are expected in early 2026. This statement has sparked speculation among bitcoin enthusiasts, who believe it could lead to another stimulus-like influx of cash into the market, reminiscent of previous economic measures. The anticipation of these refunds highlights the ongoing relationship between government fiscal policies and cryptocurrency market dynamics, as investors look for signals that could influence market trends.

Tether, the largest stablecoin, reported over $10 billion in profits and a balance sheet exceeding $181 billion, signaling a shift towards becoming a broader financial platform. The company is expanding into commodities by establishing a new desk and hiring top HSBC executives, indicating its ambition beyond just being a stablecoin. This move is significant as it reflects the evolving landscape of cryptocurrency and traditional finance integration.

Japan's first yen stablecoin issuer, JPYC, has reported that increasing demand for stablecoins could significantly influence the country's bond market. This development suggests that stablecoin reserves may emerge as a new force in Japan's financial landscape, potentially filling gaps left by the central bank's bond-buying activities. The positive sentiment surrounding this trend highlights the evolving role of cryptocurrencies in traditional finance, particularly in a market that is adapting to new financial instruments.

A recent analysis indicates that the increasing supply of stablecoins reflects historical liquidity patterns that often precede significant rallies in Bitcoin's price. This has led to speculation that Bitcoin could reach a target price of $124,000 soon, marking a pivotal moment in the cryptocurrency market.

Tether has acquired a majority stake in Nasdaq-listed VCI Global through a $100 million transaction involving the OOBIT token. This move positions Tether as the largest shareholder of the technology consulting firm, highlighting its growing influence in the cryptocurrency space.