stablecoins at the frontier will lead this bull run circle and tether remain dominant, but a new class is emerging: yield-bearing stablecoins that let users earn on idle capital they’ve already grown 45% in 1H 2025 to $12.4B market cap TOMORROW, my colleagues (@AvgJoesCrypto, @0xSynthesis1, @immutablejacob) & I are dropping a massive stablecoin report covering this and more.