Anvesan

@LedgerBull1_9 That's a great move. You can access our free reports at Anvesan.org

@anvesanorg This is why I'm learning more about stablecoins every day.

@techandtips123 Haha, we love Charlie, RIP!

@anvesanorg My Personal favourite . Charlie Munger telling Bitcoin is a "venereal disease" 😭😭

@Zen_Arlo0 Yes

@anvesanorg Big shift ahead.

@S4Sanjay_das The industry needs to know.

@anvesanorg Spot-on breakdown of the banks' playbook.

This is why I’m paying attention to @anvesanorg. Most people are still looking at stablecoins like “just another crypto product.” But the real game is much bigger: → Banks mocked it first → Then they called it risky → Now they’re trying to regulate it, copy it, and own the rails Same old Wall Street playbook. Stablecoins won’t disappear. They’ll either stay open and competitive, or get swallowed by the same giants they were supposed to disrupt. This breakdown is worth reading.

Stablecoins are slowly becoming one of the biggest fights in finance. Banks ignored them at first, then mocked them, and now they are trying to control the same rails. That tells you everything This is no longer just about crypto payments It is about who controls the future of money.

@Soumyacatalyst Glad you liked it. You can read our reports at anvesan.org

@anvesanorg Wow! This has to be one of the cleanest historical breakdowns of how banks work that I've read so far

🚨ANVESAN TRACKER NYDFS proposed a regulation aligning New York's stablecoin framework with the federal GENIUS Act: it caps the share of reserves held at any single custodian, mandates formal risk-management programs, and gives existing New York-licensed issuers a one-year transition once the rule is final.

🚨ANVESAN TRACKER The SEC's draft FY2026–2030 strategic plan names "a firm regulatory foundation for digital assets and distributed ledger technologies" as Objective 1.1, its first stated objective, with public comment open through July 2, 2026.

🚨Anvesan Tracker: On June 18, 2026, the five agencies jointly proposed a rule requiring permitted payment stablecoin issuers to maintain a customer identification program comparable to that of banks and credit unions, with comments due August 21, 2026.

🚨Anvesan Tracker: Under MiCA's transitional regime, any crypto-asset service provider serving EU clients without a MiCA licence must cease operations after July 1, 2026.

47 seed-stage stablecoin rounds since 2024. 26 confirmed Series A rounds. A large 2024 to 2025 seed cohort will be aiming for a Series A in late 2026 to 2027. Mortality should rise sharply. The companies that do make it to the next round will have a disproportionate amount of capital available to them.

We indexed every disclosed investor across 111 stablecoin funding rounds from 2024 to 2026. Here's what we found surprising: At the top, we have three names that dominate the landscape: → @cbventures: 17 deals across 16 companies → @dragonfly_xyz: 12 deals across 8 companies → @galaxyhq: 10 deals across 7 companies Coinbase Ventures sprayed wide. 17 deals, 16 different companies, deployed across cards, payments, on/off-ramps, and infrastructure in nearly every vintage. They're clearly going for breadth, an option on the whole stack. Dragonfly is following a conviction playbook. 12 deals but only 8 companies. They are doubling down on @raincards, Agora (@withAUSD), and @ethena. Galaxy Ventures concentrates harder still. 10 deals, 7 companies. It's almost entirely a cards-and-wallets thesis: three checks into Rain, two into @RedotPay. Then there's an unexpected allocator - Tether. They don't behave like a VC at all. Tether appears across every layer of the distribution stack: • L1 settlement chain • on/off-ramps • commercial banking • FX and settlement • cards • merchant payments • tokenization Every bet is in the layer that moves, holds, or routes USDT. It's almost as if they're building a vertically integrated distribution moat. Full investor index and deal-level data in the latest @Anvesanorg report.

In 2025, Stablecoin companies raised $3.62B. Three deals accounted for $2.05B of that total amount. • Circle IPO: $1,050M • Tempo Series A: $500M • Ripple Strategic: $500M

The top 5 deals captured more than half of all capital. The top 10 captured 65%. Circle's IPO, Tempo's Series A, Ripple's strategic round, Erebor's Series B, and Rain's cumulative raises. The remaining 100+ deals split the last 35%, and almost half of all deals split just 5%.

Stablecoin fundraising in 2026 has leapfrogged 2025 in H1. On a same-period basis, January through May: • +225% disclosed capital, 2026 vs 2025 • +89% event count, 2026 vs 2025

Read the full report here: anvesan.org/reports/stable…

Five companies raised $50M+ that you need to pay attention: • @Tempo, $500M at a $5B valuation. • @Ereborbank, $350M at $4.35B. • @OpenFX_, $94M (seed to Series A in 10 months). • @Hercle_, $60M. • @bpn_network, $50M.

INTRODUCING: State of Stablecoin Funding in 2026 We tracked every publicly disclosed round going into stablecoin companies from Jan 2024 through mid-May 2026. 111 funding events. $5.02B disclosed. 89 companies. Read our detailed breakdown here🧵