Cobo's report indicates a shift in stablecoin perception among financial executives, with USDT and USDC leading the market as institutional adoption grows.
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.