The stablecoin market is entering a new phase of transformation. A joint report by Alchemy Pay and Gate Research, "The New Era of Stablecoins: A Comprehensive Study on Compliance, Innovation, and Adoption", explores how stablecoins are reshaping the global financial infrastructure.
Key findings include exponential growth and regulatory evolution, as well as intensifying competition at the infrastructure layer. As of August 2025, the total capitalization of stablecoins has exceeded $280 billion, representing a 660-fold increase since early 2019.
"The New Era of Stablecoins: A Comprehensive Study on Compliance, Innovation, and Adoption"
Author's summary: Stablecoins enter new transformation phase.