Appold Market Watch - Week ending 1 August 2025
Market Update & Industry News - Week ending 1 August 2025
🔷 SEC Chair Paul Atkins has launched “Project Crypto” to modernise U.S. securities rules and enable American capital markets to move on-chain. The initiative aims to clarify the status of tokens, foster tokenised securities, support ICOs, and allow integrated “super apps” under a single licence, departing sharply from previous enforcement-heavy policies.
Appold view: "Project Crypto” follows the Genius Act and Clarity Act as the next natural step in regulating digital assets in the US. Hopefully, this regulation will bring greater clarity to tokenised TradFi, DeFi, and the general token ecosystem.
🔷 JPMorganChase customers will soon link their bank and credit card accounts to Coinbase wallets, facilitating seamless digital asset trading from autumn 2025. The announcement, enabled by regulatory shifts under Trump’s administration, also integrates permission for credit cards to purchase digital assets.
Appold view: This represents another major integration between traditional banking and digital asset services, while simultaneously proving that established banks cannot transition into the digital asset space alone.
🔷 PayPal launched its Pay with Crypto service, allowing U.S. merchants to accept over 100 digital assets via wallets such as Coinbase and MetaMask. Payments will automatically convert into USD or PYUSD, with a 0.99% introductory fee, cutting cross-border charges by up to 90% and offering merchants 4% yield on PYUSD balances.
Appold view: Following similar initiatives by companies like Stripe, PayPal's provision of user-friendly digital asset payment solutions will strengthen the practical utility of tokens, gradually transforming them into widely accepted and reliable mediums of exchange.
🔷 Tether.io has released its Q2 report. In summary, they issued $13.4 billion USDT, a $20 billion increase year‑to‑date, raising their supply above $157 billion. Its U.S. Treasury holdings now exceed $127 billion. The firm posted a $4.9 billion net profit in the quarter, totalling $5.7 billion in 2025.
Appold view: Tether’s strong Q2 results, showcasing 67% of its total issuance for the year to date, highlight the significant influence of the current market cycle and regulatory environment under Trump’s administration on the stablecoin provider. The company now holds 61.7% of the total stablecoin market.
#Marketwatch #Blockchain #Investments
