Cobo's report reveals that stablecoins are now seen as strategic growth engines by nearly 300 financial executives, with a total market cap of $251.752 billion. USDT dominates the market with a 62.23% share, followed by USDC at 24.24%. Circle's stock surged nearly 600%, reflecting a positive reevaluation of compliant stablecoins. JD.com plans to apply for global stablecoin licenses to cut cross-border payment costs by 90%, while the passage of the GENIUS Act in the U.S. is expected to enhance regulatory clarity and foster institutional adoption.