Regulatory Developments Shape Stablecoin Industry in 2025

According to Odaily, on July 22, Web3 security firm CertiK released the 'Skynet 2025 First Half Stablecoin Panorama Report,' highlighting global regulation as a key driver in the evolution of the stablecoin industry. With legislative progress on the U.S. 'STABLE Act' and 'GENIUS Act,' and the formal implementation of the EU's 'MiCA' regulations, compliance has become crucial for stablecoins to gain market trust. The report notes that institutional projects with licenses and transparent reserves are gaining higher market trust, while issuers that have not completed compliance are gradually being marginalized by mainstream trading platforms. Traditional financial institutions like Société Générale and Bank of America are accelerating their stablecoin business layouts, promoting deeper integration between crypto assets and traditional finance. Under the dual drive of regulatory compliance and institutional participation, stablecoins are entering a new stage of development. The report predicts that stablecoins supported by real-world assets (RWA) and yield-generating models will become the main lines of innovation, potentially capturing 8% to 10% of the over $300 billion market by the end of the year. It also emphasizes that rigorous risk management, transparent operational mechanisms, and proactive compliance will be key to achieving long-term sustainable development for stablecoin projects.