Stablecoin

Stablecoin | July 23, 2026

The yield you’re sold, and the yield you get

Fintechs advertise 7-15% stablecoin yield. On-chain data shows realized rates of 1-4%. See what Crystal Foresight found across $1.75B in vaults.

Stablecoin | July 16, 2026

What drove the stablecoin supply down

Crystal Foresight traces the $11.5B stablecoin supply decline through mid-July 2026: which coins shrank, which grew, and the reasons behind each move.

Stablecoin | July 1, 2026

Who actually trades stablecoins on a DEX

On-chain analysis of 18 months of stablecoin DEX trading shows automated systems run 65% of volume - and why that changes how you read the market.

Stablecoin | June 25, 2026

Stablecoins exceeded $300B. Who grew and who shrank in Q2?

Q2 2026 stablecoin data: USDG led on exchange rewards, USDe reversed on yield compression, and RLUSD built the healthiest genuine-use profile.

Stablecoin | June 16, 2026

Same euro, different jobs: what seven stablecoins are for

Euro stablecoins are growing fast - but the same peg hides very different on-chain jobs. Crystal Foresight tracks seven tokens by what they do.

Stablecoin | June 11, 2026

Crypto savings tokens paid $545M, retail took under 1%

sUSDe and sUSDS have generated about $545M in combined returns. Crystal Intelligence traces who holds both tokens and who collected the yields.

Stablecoin | June 3, 2026

The third-largest stablecoin almost never leaves its own system

USDS ranks third by stablecoin supply. Crystal Foresight maps the backing, the transfer volume, and who actually holds the savings vault.

Stablecoin | May 27, 2026

What on-chain data shows about tokenized T-bills

On-chain analysis of BUIDL and PT-USDG reveals concentrated holdings, chain preferences, and opposite architectures.

Stablecoin | May 20, 2026

Rebuilt in public: how the financial system looks today

Map of the parallel financial system being built on public blockchains - from lending markets and repo auctions to institutional loan books.

Market Analysis / Research | May 14, 2026

Not all dollar stablecoins carry the same risk

Crystal Foresight profiles nine $1B+ stablecoins through volume fingerprints and counterparty data, revealing risk profiles that market cap hides.