Stablecoin

South Korea's Financial Services Commission plans to cap individual voting-share ownership at 15–20% for Upbit, Bithumb, Coinone, and Korbit, with mandatory divestments above the limit. Updated December 30, 2025 at 9:50 PM UTC, the proposal would affect stakes such as Song Chi-hyung's ~25% in Dunamu and Bithumb Holdings' 73%. Industry groups warn of market and property-rights concerns.

On 30 December 2025, Russia's central bank outlined a tiered framework for domestic digital financial assets, according to Coindoo. Non-qualified retail investors will face an annual cap of 600,000 rubles starting in 2026, with limited access to macro-linked instruments. Regulators also signaled potential issuance on public blockchains to attract foreign capital.

TRON's native token traded above $0.28 after Tron Inc. said it secured an $18 million strategic equity investment from founder Justin Sun via Black Anthem Limited at $1.3775 per share. As of December 30, 2025, TRX ticked above $0.286 with over $560 million in 24-hour volume, while market sentiment remained volatile.

In the fourth quarter of 2025, Ethereum's onchain development hit an all-time high with 8.7 million new smart contracts deployed, according to Token Terminal. The surge was primarily linked to real-world asset tokenization, stablecoin usage and infrastructure projects, even as Ether's price hovered near $3,000 after retreating from levels close to $5,000 earlier in the year. Ethereum also continues to dominate RWA deployments and hosts more than half of the $307 billion stablecoin supply in circulation.

World Liberty Financial's WLFI token has bounced 8% over the past week after a month of declines, with traders now eyeing a potential 2026 breakout toward the post-launch ceiling at $0.245. The renewed optimism is tied to fresh adoption efforts for the USD1 stablecoin, including up to 20% APR on Binance Earn and a community vote to allocate 5% of the project's digital asset treasury to incentives. Technical indicators such as a symmetrical triangle pattern, RSI strength, and a supportive $0.13 demand zone underpin the bullish scenario, while some investors also look to Maxi Doge as an alternative high-risk 2026 play.

The People's Bank of China plans to allow commercial banks to pay interest on digital yuan (e-CNY) wallet balances starting January 2026, marking a shift from a pure "digital cash" model toward a deposit-like framework. The updated CBDC design adds value storage and cross-border payment features, which could enhance domestic adoption and position the digital yuan as a more versatile instrument in international finance. Analysts note that these interest-bearing wallets may compete with traditional bank deposits while still requiring strong public trust and cybersecurity safeguards.

South Korea’s push for a comprehensive crypto law has been postponed to 2026 as regulators clash over who may issue stablecoins. According to Yonhap, the FSC’s draft would require 100% reserves held with licensed custodians, while the Bank of Korea wants bank-controlled consortia with at least 51% ownership.

By the end of 2026, Haseeb Qureshi of Dragonfly expects at least one major Big Tech company to launch or acquire a crypto wallet and for banks and fintechs to deploy more modular, permissioned blockchains. He also forecasts Bitcoin trading above $150,000 with falling market dominance, continued strength for Ethereum and Solana, and a roughly 60% expansion of the $312 billion stablecoin market as Tether's share slips.

On December 30, 2025, Delphi Digital said GameFi endured a difficult year, with funding falling more than 55% year over year, and predicted expansion for Web2.5 titles. The firm highlighted shrinking investment rounds across Web3 gaming while noting active studios and new launches like Ndus Interactive’s Xociety still securing capital.

On December 30, South Korea postponed submitting its Digital Asset Basic Law to 2026 because of disagreements between the Financial Services Commission and major banks over stablecoin oversight. The draft law targets investor protection and requires stablecoin issuers to hold more than 100% of issuance in reserves, but the delay has introduced uncertainty for the country's digital asset market.