Tokenized

Stablecoin Stats: Are Onchain Stocks the Next Stablecoin Adoption Driver? - June 2025

11 snips
Jul 10, 2025
Andrew Van Aken, a data scientist at Artemis specializing in crypto analytics, joins to explore the evolving landscape of stablecoins. They discuss the rise of USDC with record supply growth and its partnerships, while contrasting its use in DeFi with Tether's dominance in payments. The conversation highlights the emerging trend of tokenized stocks, particularly in emerging markets, revealing a growing demand for access to U.S. equities. Insights into OTC transactions in Hong Kong shed light on anonymity and convenience in crypto trades.
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ANECDOTE

OTC Desk Experience in Hong Kong

  • Anthony Yim experienced a Hong Kong OTC stablecoin desk where he sent Tether on Tron to a friend.
  • The process involved multiple confirmations and no KYC, highlighting real-world use of stablecoins in informal settings.
INSIGHT

Tron Leads P2P Stablecoin Transfers

  • Tron is the dominant blockchain for peer-to-peer stablecoin transfers, hitting nearly $600 billion monthly volume.
  • This aligns with real-world usage observed in Hong Kong OTC desks, emphasizing Tron's market role.
ANECDOTE

Farmer Uses Stablecoins for Bitcoin

  • Anthony met a Chinese farmer using OKX and Tether on Tron to convert yuan into Bitcoin.
  • This shows stablecoins serve as a bridge for emerging market users despite regulatory challenges.
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