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⛓️ Crypto NeutralImportance 7/10

In The Stables: Bridge Wins OCC Approval

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In The Stables: Bridge Wins OCC Approval
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🤖AI Summary

Stablecoin markets showed mixed signals with flat market cap at $307.6B but USD inflows collapsed 82.9% WoW, while regulatory advances accelerated with Bridge winning OCC approval and several major licensing developments. The disconnect suggests institutional infrastructure is maturing faster than current capital flows indicate.

Key Takeaways
  • Stablecoin market cap held steady at $307.6 billion but net USD inflows plummeted 82.9% week-over-week to $249.9 million.
  • Monthly flows flipped to a $4.4 billion net outflow, reversing more than $6 billion from January's positive trend.
  • Bridge secured conditional OCC approval for a national trust bank charter, marking a significant regulatory milestone.
  • South Korea ended its nine-year ban on corporate crypto trading while OKX obtained Malta payments license ahead of MiCA deadline.
  • Onchain activity softened with active addresses down 6.5% but transaction growth outpaced address growth, indicating higher user intensity.
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