Stablecoins added $4B in market cap in July, pushing the total above $250B, following the signing of the GENIUS Act into law on July 18.
Monthly active addresses jumped 20% to over 38 million.
Stablecoin transactions hit $7 trillion in Q1 2025 alone.

Bitcoin supply on exchanges keeps falling.
In July, reserves dropped another 2%, bringing the total decline to 14% since January.
For the first time since 2018, less than 15% of all BTC is held on exchanges.
A supply shock may be coming as demand rises and available supply keeps shrinking.

Tokenized RWAs have passed $25B, growing 2.5% in July and 260% year-to-date, driven by tokenized private credit and U.S. Treasury debt.
Tokenized stocks rose 15% last month to over $400M, with interest surging after Robinhood announced plans to offer RWA trading.

Bitcoin dropped to $114,100 just before 14:00 UTC, then bounced back to nearly $115,900.
It’s now trading around $115,480.
In the past hour, over $19 million in $BTC and $30 million in $ETH were liquidated, mostly long positions.

The UK’s FCA will soon allow retail investors to access crypto exchange-traded notes (cETNs) for the first time.
This marks a shift from the previous ban and brings the UK closer in line with the US, EU, and others.
Retail access will only apply to cETNs listed on FCA-approved exchanges.

What’s stopping you from logging off and touching grass right now?

Bitcoin dropped to around $114,100 earlier this morning but quickly bounced back above $115,000.
Price is now holding near $115,160, showing signs of short-term recovery after a sharp dip.

On July 31, Ethereum spot ETFs saw $17 million in net inflows. That makes 20 days in a row of money coming in.
Bitcoin spot ETFs had a $115 million net outflow, the first in six days.

Jamie Dimon says JPMorgan “will have” a stablecoin.
The CEO of America’s biggest bank told CNBC that stablecoins could do things “traditional cash can’t,” adding, “It’s what the customer wants.”
Dimon has been critical of Bitcoin in the past, but this is a clear nod to crypto’s growing role in finance.