PANews reported on December 19th that Grayscale stated on its X platform that stablecoins will experience explosive growth by 2025, with a supply reaching $300 billion and monthly trading volume reaching $1.1 trillion. With the passage of the GENIUS Act and the increased adoption of stablecoins, blockchain projects such as ETH, TRX, BNB, and SOL will benefit from the growing transaction flow. Infrastructure such as Chainlink (LINK) and emerging networks like XPL will also benefit.


Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle. Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more