August 1, 2025 | Daily Yield Episode 11

Friday's developments:

• Visa expands settlement platform: Adds 3 stablecoins (PYUSD, USDG, EURC) and 2 new chains (Stellar, Avalanche) alongside existing Ethereum/Solana support, with Rubail Birwadker building "multi-coin and multi-chain foundation to help meet the needs of our partners worldwide."

• Stable raises $28M for USDT-native blockchain: Bitfinex and Hack VC lead seed round with Franklin Templeton backing purpose-built chain using USDT as native gas token, targeting sub-1-cent fees versus $0.50-$5 on Ethereum for 70% of stablecoin transaction volume.

• Tether posts record $4.9B Q2 profit: 277% year-over-year increase driven by $2.6B investment returns on $127B US Treasury holdings, expanding USDT supply by $20B to $164B total while holding more US debt than Australia or UAE.

Perfect for weekend listening - The Daily Yield is available on Spotify

This Week's Top Stories (July 28 - August 1)

• Monday 7/28: Tether introduces US-compliant stablecoin under Genius Act framework, OSL raises $300M ahead of Hong Kong stablecoin regulations

• Tuesday 7/29: Interactive Brokers signals stablecoin launch while leading Zerohash's $100M round, PayPal launches crypto checkout with 4% PYUSD yield

• Wednesday 7/30: Standard Chartered's Zodia raises $18.25M for institutional stablecoin infrastructure, Republic enables 24/7 USDC funding

• Thursday 7/31: White House 166 pg Digital Asset report mentioning stablecoins 163 times, JPMorgan-Coinbase enable crypto credit cards and USDC rewards redemption

Catch up on the news this weekend using the links below

Stay Stable,

The Stabledash Team

_{This content is for informational purposes only and does not constitute financial, investment, or legal advice.}