Stablecoins seem to be taking over

Welcome to another week where stablecoins made the headlines again.

Just when you think you’ve heard enough about them, another major company announces a new product, another bank starts exploring them, or another fintech decides it wants in.

Everyone wants a piece of the pie and can you blame them?

Let’s get right into what we saw this week.

Josef@joseftrades

I think the hardest part about trading is that nobody can do it for you.

9:27 AM · Jul 17, 2026 · 3.43K Views

26 Replies · 8 Reposts · 104 Likes

(How we’re reading the market this week)

For years, the conversation around stablecoins has centered on whether banks and payment companies would ever take them seriously. That debate is beginning to feel outdated. Visa’s latest move suggests the question is no longer if traditional finance will adopt stablecoins, but how quickly it can make them part of everyday payments.

This week, the payments giant unveiled the Visa Stablecoin Platform (VSP), an enterprise solution that allows banks, fintechs and payment providers to issue, hold and transfer stablecoins without building blockchain infrastructure themselves. Instead of forcing institutions to piece together wallet systems, treasury management, settlement processes and compliance tools, Visa is packaging them into a single platform that plugs directly into existing payment operations.

The launch builds on Visa’s growing push into digital assets. Earlier this year, the payments giant expanded its stablecoin settlement programme to nine blockchain networks, joined the Canton Network as a Super Validator, and revealed that it had reached an annualised $7 billion in stablecoin settlement volume across more than 130 stablecoin-linked card programmes in over 50 countries.

Consumers may never know they’re using a stablecoin powered payment system, just as most people never think about the card networks processing their transactions today. Visa seems to be betting that the future of money won’t necessarily look different on the surface, it will simply run on different rails underneath.

Bitcoin tried to break above $65,000 again this week. It didn’t work. The price slipped back toward $63,000, and while that grabbed the headlines, the real story is who’s doing the selling.

According to Glassnode, more than 65% of the Bitcoin moving onto exchanges is coming from long term holders selling at a loss. That’s a sign of fatigue more than fear. These aren’t traders panic selling after a bad Tuesday. They’re investors who’ve held through months of uncertainty and have finally decided they’ve waited long enough. Sometimes markets don’t shake people out, they simply wear them out.

The good news is that this isn’t another leverage disaster. Most of the selling is happening in the spot market, not from traders getting liquidated. Bitcoin may be down, but at least this week’s drama came with fewer explosions.

Just when Ethereum looked like it was finding its feet again, another crash prediction landed on Crypto Twitter. Because apparently, peace was never an option.

After climbing nearly 30% from around $1,510 to almost $1,950, ETH has slipped back below $1,850. Some believe that this could be the beginning of Ethereum’s biggest correction yet.

The theory is based on a repeating 1,369 day market cycle, where previous rallies ended with sharp sell-offs before Ethereum found its bottom. If the pattern plays out again, ETH could fall below $1,500, wiping out most of the gains from the past few weeks and setting a fresh multi-year low.

Of course, the same theory says that after the crash comes a massive recovery, with Ethereum eventually pushing towards $10,000. Crypto does have a flair for the dramatic. Only here can one chart predict complete disaster and life changing gains without blinking.

Will history repeat itself? Nobody knows. But if crypto has taught us anything, it’s that someone is always predicting the end, and someone else is already buying the dip.

(Our favourite CT X posts we saw this week)

Crypto Fergani@cryptofergani

"90% of traders lose all their money" And 99% of people who pick up a basketball never make it to the NBA. Does that make basketball a scam too?

2:12 PM · Jul 17, 2026 · 17.3K Views

102 Replies · 47 Reposts · 207 Likes

Josef@joseftrades

I still don’t think I’ve figured trading out. I just know myself a lot better now.

9:49 PM · Jul 16, 2026 · 5.4K Views

20 Replies · 20 Reposts · 215 Likes

space✯@LoudSolana

Plan A: Crypto Millionaire Plan B: Crypto Billionaire

4:15 PM · Jul 9, 2026 · 379 Views

3 Reposts · 13 Likes

Ferre@FerreWeb3

my memecoin portfolio be like:

1:37 PM · Jul 14, 2026 · 9.56K Views

159 Replies · 16 Reposts · 323 Likes

Every week reminds us that crypto isn’t standing still. It just doesn’t always move in the direction everyone is looking. Where would it take us next? We would just have to wait to find out.

Have a great weekend.

Until next week,

WAGMI,

Obi.

Disclaimer: This newsletter is not financial advice. Do your own research. Seriously.

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