🛡️ Which stablecoins have shown promising growth or partnerships in the past?

Several stablecoins have demonstrated promising growth or formed significant partnerships, highlighting their potential for future expansion and adoption. Here are some notable examples:

1. **USDC (Tether)**:
- **Market Leadership**: USDC is the largest stablecoin by market capitalization, with a circulation of $65.2 billion as of Q2 2025.
- **Regulatory Compliance**: Tether, the issuer of USDC, has benefited from the GENIUS Act, which provides a regulatory framework for stablecoins.
- **Partnerships**: Tether has partnered with companies like Binance and Fiserv to expand its reach and facilitate payments.
2. **Arc (Circle)**:
- **New Blockchain Launch**: Circle plans to launch Arc, a Layer-1 blockchain optimized for stablecoin payments, foreign exchange, and capital markets.
- **Q2 Revenue Growth**: Circle reported Q2 revenue of $658 million, indicating strong growth and market traction.
- **Public Testnet**: A public testnet for Arc is expected to launch this fall, integrating with Circle’s platform and partner blockchains.
3. **BUSD (Paxos)**:
- **Co-issuance Partnership**: Paxos, a major stablecoin issuer, co-issued BUSD with Binance, expanding its reach into the exchange space.
- **Regulatory Scrutiny**: Paxos was fined $26.5 million by the NYDFS for compliance failures related to BUSD issuance, highlighting the importance of regulatory adherence.
4. **RLUSD (Ripple)**:
- **XRP Integration**: Ripple has integrated XRP into various platforms, including the Gemini Crypto Card XRP Edition, which offers rewards in XRP based on daily spending.
- **Strategic Partnerships**: Ripple has partnered with Cardano to integrate XRP into Cardano’s Lace wallet, enhancing cross-chain adoption.
5. **USDC (SBI Holdings and Circle)**:
- **Japan Market Entry**: SBI Holdings, in collaboration with Circle, is promoting USDC adoption in Japan through joint ventures and strategic partnerships.
- **Institutional Adoption**: SBI’s efforts aim to expand USDC use in everyday financial transactions, improving transparency and efficiency.

These stablecoins have shown promising growth or strategic partnerships, indicating their potential for continued expansion and adoption in the stablecoin market.