WEB3 WEEKLY RECAP | 1-5 SEPTEMBER 2025

The HKMA is progressing with its stablecoin licensing regime, with 77 organisations having expressed interest in pursuing it, though the regulator has publicly stated that “only a handful” will be granted initially. As more stablecoins are introduced into the market, new stablecoin payment and settlement networks are also emerging to address the interoperability and scalability of various stablecoins. Overall, stablecoins continue to move steadily towards mainstream adoption.

𝙏𝙤𝙥 𝙃𝙚𝙖𝙙𝙡𝙞𝙣𝙚𝙨:
– HKMA’s Stablecoin Regime Attracts 77 Inquiries (2 Sept 2025)
– Crypto firm Fireblocks launches a stablecoin payments network (4 Sep 2025)
– Stripe and Paradigm Announce Stablecoin L1 Chain (4 Sept 2025)

In the broader digital assets market, we are observing increasing institutional capital flowing into digital asset investments, alongside the institutionalisation and regulation of activities such as staking and lending.

𝙏𝙤𝙥 𝙃𝙚𝙖𝙙𝙡𝙞𝙣𝙚𝙨:
– Crypto Finds Gateway Into Australia’s USD 2.8 Trillion Pensions Pot (1 Sep 2025)
– ETH Staking Entry Queue Surges To Two-year High As Institutions Accumulate (3 Sep 2025)
– South Korea caps crypto lending at 20% interest, bans leveraged loans (5 Sep 2025)

These developments are gradually contributing to the overall maturity of the digital assets market.