The top crypto news item for Sat, Jul 25 centers on stablecoins, with a CryptoSlate lead story framing a roughly $1 trillion settlement network as about 8x faster than US cash and processing millions of transactions. This 24-hour roundup stays tight on that network-utility story and the reporting behind it.
Key Takeaways From the Last 24 Hours in Crypto
- The lead item in this 24-hour window comes from CryptoSlate and argues that market cap is no longer the most important stablecoin metric, pointing instead to settlement volume and velocity, in its published analysis.
- Stablecoin on-chain volume has reached the multi-trillion-dollar range, with reporting that it has surpassed the ACH network.
- Within the stablecoin race, Circle’s USDC has been gaining ground on Tether on a volume basis, according to CoinDesk reporting.
Why the Lead CryptoSlate Story Stands Out
The featured headline leads with a single claim: a network valued near $1 trillion that settles millions of transactions and runs roughly 8x faster than US cash. That framing centers the roundup on throughput and settlement scale rather than token prices. For related coverage, see Kaspersky Uncovers Malware Targeting Crypto Investors Through Fake GitHub Apps.
CryptoSlate’s underlying argument is that the most important stablecoin metric is no longer market cap. Its analysis makes the case that settlement activity and velocity better describe how these assets are actually being used, as laid out in the CryptoSlate piece linked above. For related coverage, see EU Targets 14 Crypto Operators and 94 Banks in Russia Sanctions.
The speed-and-scale claim tracks with broader reporting that stablecoin on-chain volume has moved past legacy rails. Forbes reported the figure at the multi-trillion level in the same window, in the surpassing-ACH story referenced above.
Velocity, or how often a given unit changes hands, is central to that case. Visa’s economic research group has published work on stablecoin velocity that frames why raw supply understates real payment usage.
What These Developments Mean for the Crypto Market Next
The near-term takeaway is a distinction between network-utility narratives and price-action narratives. The lead story is about settlement throughput, not a token’s spot move, so its significance is adoption rather than a direct price catalyst.
For traders and market watchers, the practical watch point is whether stablecoin volume continues outpacing traditional rails and whether the USDC-versus-Tether volume gap keeps narrowing, as tracked in the CoinDesk reporting cited earlier. Institutional commentary sits alongside this in Coinbase’s weekly market commentary.
Adjacent to the payments story, security and capital-flow developments continue to shape the tape, from ARK Invest’s recent BitMine and Solana staking ETF purchases to ongoing DeFi risk after two Ethereum bridges lost funds in hours and an Across Protocol Solana relayer exploit.
After Jul 25, the concrete items to monitor are stablecoin volume trends versus legacy payment networks and continued reporting on issuer market share, since those are the data points the current evidence actually supports.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
