Binance Observes Stablecoin Surge as Crypto Markets Gain Stability
Stablecoin trading volume reached a staggering $253.7 billion in June 2025, signaling a transformative phase for cryptocurrency markets. This milestone emerged alongside U.S. Senate discussions on the GENIUS Act, which aims to provide regulatory clarity for stablecoins. Circle’s USDC led the charge, accounting for 79% of net new supply—highlighting institutional trust in crypto's stability. While Bitcoin’s market dominance remains a topic of interest, the focus on stablecoins underscores their growing role in securing crypto's future. Binance, as a leading exchange, stands to benefit from this trend as traders increasingly rely on stablecoins for liquidity and risk management.
Stablecoins’ $253.7 Billion Breakthrough: Is Crypto’s Future Finally Secure?
Stablecoin trading volume surged to $253.7 billion in June 2025, marking a pivotal moment for cryptocurrency markets. The milestone coincided with U.S. Senate deliberations on the GENIUS Act, legislation poised to bring regulatory clarity to stablecoins. Circle’s USDC dominated issuance, capturing 79% of net new supply—a testament to growing institutional confidence in crypto’s stability.
Bitcoin’s market dominance climbed to 65% amid geopolitical tensions, while altcoins underperformed. The total crypto market cap grew 2.62% between June and July, defying macroeconomic headwinds including Middle East conflicts. Binance Research’s July 3 report highlights how regulatory progress and market maturation are reshaping digital asset adoption.
Binance Smart Chain Surpasses Solana, Ethereum In Crucial DeFi Metric
Binance Smart Chain has eclipsed both Solana and ethereum in daily decentralized exchange trading volume, marking a significant shift in DeFi dominance. The layer-1 blockchain's DEX activity now exceeds its rivals by wide margins—recording 24-hour volumes three times higher than Solana and four times Ethereum's figures.
The surge follows BSC's Maxwell upgrade, implemented June 30, which optimized block times and validator coordination. Over thirty days, Binance Smart Chain processed $172.4 billion in trades compared to Solana's $61.9 billion and Ethereum's $56.4 billion. PancakeSwap drives this activity, commanding the lion's share of transactions on the BNB Chain.
Other chains—including Base, Arbitrum, and Polygon—trail distantly, none breaching $30 billion in monthly volume. The data underscores Binance Smart Chain's growing influence as DeFi's liquidity hub of choice.
Binance Pay Expands Stablecoin Payments to French Riviera Merchants
Binance Pay has partnered with French payment app Lyzi to enable stablecoin transactions at over 80 merchants across southern France, from Nice boutiques to Cannes beachfront shops. Users can now pay with USDT or FDUSD via QR codes, bypassing euro conversion.
The MOVE demonstrates crypto's utility beyond trading as stablecoins enter mainstream spending categories like dining, retail, and entertainment. France's crypto-friendly regulations and fintech infrastructure accelerated the rollout ahead of peak tourist season.
Binance's payment system settles transactions in seconds directly from users' crypto balances, emphasizing speed and simplicity. This expansion aligns with broader industry efforts to transition digital assets from speculative instruments to practical payment solutions.
Expert Shares Pi Network’s $10 Price Target, But How Long Will It Take?
Pi Network (PI) has dipped 4% to $0.48 amid broader market weakness, yet analyst Dr. Altcoin projects a long-term $10 valuation threshold. The target hinges on two catalysts: advanced application development via Pi's AI App Studio and price stabilization within a ±10% band around $10.
Dr. Altcoin's timeline suggests 1-2 years for ecosystem maturation. While major exchanges like Binance remain absent, recent fiat gateways like Onramper improve accessibility—a potential liquidity catalyst for the illiquid asset.
Nano Labs Acquires $50M in BNB as Part of $1B Treasury Strategy
Nasdaq-listed Nano Labs has purchased $50 million worth of Binance's BNB tokens in an over-the-counter deal, marking the first phase of a $1 billion allocation plan. The Hong Kong-based chipmaker acquired 74,315 BNB at an average price of $672.45, bringing its total crypto holdings to $160 million.
The move signals growing institutional interest in BNB as a treasury reserve asset. A separate group of former hedge fund managers recently announced plans to raise $100 million for similar BNB acquisitions through a Nasdaq shell company.
Nano Labs shares dipped 4.7% during Thursday's trading session, with an additional 2.15% decline in after-hours trading. The company plans to fund its BNB accumulation through $500 million in convertible notes, targeting up to 10% of the token's total supply.
CZ Slams Binance Reserve Allegations: “Check the History Properly”
Binance CEO Changpeng Zhao swiftly countered allegations of delayed proof-of-reserves reporting after trader James Wynn accused the exchange of opacity. The claims, later deleted, suggested Binance missed its typical early-month reserve disclosure—a cornerstone of its transparency efforts.
Zhao's rebuttal was characteristically blunt. "Bruh… FUD," he tweeted, clarifying that while reserves are snapshotted on the 1st, verified reports historically publish around the 5th or 6th. The exchange's adherence to this cadence remains unchanged.
The incident underscores crypto's hypersensitivity to trust signals. Binance's PoR system, implemented post-FTX collapse, serves as a critical market confidence mechanism. Yet as this episode demonstrates, even procedural delays can ignite disproportionate speculation.
