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Arca sells all Circle shares and switches to USDT

According to PANews, Arca Chief Investment Officer Jeff Dorman tweeted that Arca has sold all of its Circle (CRCL) shares. Earlier, Arca criticized Circle's IPO allocation as too low and said it would switch to USDT.

Hong Kong proposes the concept of "specified stablecoins" to strengthen supervision

According to PANews, Hong Kong has proposed the concept of "specified stablecoins" and adopted a "value anchoring regulation" model. This concept refers to official currencies or designated units to maintain stable value.

Tether’s USDT dominates the stablecoin payment market, Tron is the most used chain

Artemis, Castle Island, Dragonfly Research: Stablecoin Monitoring Shows Several Unique Trends Total stablecoin payments reached $94.2 billion from January 2023 to February 2025, according to a new industry study.