USDT's share of Asia-Pacific stablecoin payments drops to 91%
Summary
USDT's dominance in the Asia-Pacific stablecoin payment volume has decreased to 91%, down from 98% at the beginning of 2025, as countries like Singapore, Hong Kong, Japan, and Australia intensify their stablecoin regulations. This regulatory shift is paving the way for compliance-focused models, such as Ripple's $RLUSD, which are increasingly gaining traction in the region.
Tokens
$USDT$RLUSD
Analysis
USDT: USDT is Tether's flagship stablecoin widely used for payments and trading. It remains the dominant stablecoin by volume in the Asia-Pacific region according to the reported data. The news notes its market share has declined modestly amid rising competition from compliant alternatives. RLUSD: RLUSD is Ripple's USD-pegged stablecoin designed with regulatory compliance in mind. It is cited in the news as an example of compliance-first models attracting interest as Asian regulators increase oversight. Ripple promotes RLUSD as a regulated option for payments and settlements. Ripple: Ripple is a blockchain payments company focused on enterprise solutions and stablecoins. Its RLUSD stablecoin is positioned as a compliance-oriented option gaining traction in regulated markets. The news highlights Ripple's RLUSD as benefiting from stricter rules in Asia-Pacific jurisdictions. Regulation: Singapore, Hong Kong, Japan and Australia are tightening stablecoin regulations. Market Shift: Compliance-focused stablecoins are gaining ground in the Asia-Pacific region.
Categories
cryptodefimacrotech