The stablecoin supply volume in the first quarter of 2026 will reach $320 billion, with trading volume accounting for 75% of the total cryptocurrency trading volume. In the first quarter of 2026, the total stablecoin supply reached approximately $320 billion, setting a historical high. During the same period, the total trading volume exceeded $28 trillion, accounting for 75% of the total cryptocurrency trading volume — the highest level ever recorded. During the quarter, the USDC supply increased by approximately $2 billion, while the USDT supply decreased by about $3 billion. This is the first noticeable divergence between the two largest stablecoins since 2022; the share of trades executed by automated programs rose to 76%, while retail transfers decreased by 16%. On the global regulatory front: in the US, the GENIUS bill was officially passed on July 7, 2025; in the EU, the MiCA regulation fully came into force and will be enforced for stablecoin provisions starting June 30, 2026; the Hong Kong Monetary Authority ((HKMA)) is advancing the issuance of the first stablecoin licenses.

International News
The probability of the Fed rate remaining unchanged in April is 99.5%, and the likelihood of a rate hike this year has increased to 14.7%
According to CME FedWatch: the probability of a 25 basis point rate hike in April is 0.5%, unchanged — 99.5%. By June, the probability of a 25 basis point rate cut is 6.0%, unchanged — 93.5%, and a 25 basis point increase — 0.5%. By December, the probability of a 25 basis point rate cut is 35.1% (the day before — 25.1), unchanged — 50.2% (the day before — 73), an increase — 14.7% (the day before — 1.9).
The Russian presidential aide stated that the Strait of Hormuz is open to Russia
Russian Presidential Aide Ushakov told Russian media that the Strait of Hormuz is open to Russian ships. He also noted that the situation in the Middle East remains complex. Additionally, he mentioned that the US has not approached Russia with requests for mediation to resolve the situation in the Middle East. (CCTV News)
US Army attacked Iranian bridge, new strikes on infrastructure expected
According to Axios, on Thursday, U.S. military forces struck a key civilian infrastructure target in Iran for the first time, a few hours after President Trump’s threat to “push Iran back to the Stone Age.” The strike on the B-1 bridge near Tehran indicates an expansion of U.S. military targets and could mark the beginning of attacks on energy, hydroelectric, and transportation infrastructure. A Pentagon spokesperson said further strikes on bridges are possible. The bridge was targeted because Iranian armed forces used it to transport missiles and components from Tehran to the western part of the country. Components were transported in large boxes and containers, assembled at the launch site. The bridge was also used to supply the Iranian military in Tehran.
Iran attacked Oracle and Amazon data centers in the region
On the evening of April 2, the IRGC Navy command issued a statement about strikes on Oracle’s data