USD stablecoins dominate 99% of the market.
But the other 1% just grew 16x in 3 years.
Local currency stablecoin supply is up 70%. On-chain transfer volume went from $600M to $10B. EURC is live on Aave and Visa Direct. BRLA hit $400M+ transfer volume in Feb 2026. XSGD is quietly settling Grab × Alipay+ in the background.
And @circle StableFX is now trying to connect all of them — with RFQ mechanics and PvP atomic settlement. Essentially an on-chain FX network.
The $9.6T/day FX market hasn't been disrupted yet. But the plumbing is being laid — and most people haven't noticed.
Full breakdown 👇
https://t.co/yKRML816HW
Welcome to Gate Ventures' very first podcast episode! 🎙️
Is DeFi dead? We go deep with Sonya Kim @sonyasunkim, Co-Founder of 3F Labs @3f_xyz, on the real mechanics of on-chain RWA leverage — and why carry trade is the next explosive opportunity in DeFi.
🎧 Now available on YouTube and Spotify!
・YouTube: https://t.co/4qUkccGYsC
・Spotify: https://t.co/3fe3Vepj5V
——
🔑 Key Takeaways:
✅ DeFi isn't dead? — but recent exploits set the industry back 6–12 months
✅ Stablecoin supply growing 5x faster than crypto market cap
✅ RWA is the only sustainable fix for DeFi's cyclically collapsing yields
✅ 3F's Bridge Facilitator builds your full leveraged position in one settlement cycle — no more 20-day waits
✅ Four-layer capital stack: leverage LPs, BFs, Morpho depositors & liquidators
✅ Why JAAA CLO (Centrifuge × Janus Henderson) was chosen as the first asset
✅ Founder advice: find PMF in DeFi first, then scale with TradFi distribution
——
#GateVentures #DeFi #RWA #Web3 #Podcast #3F #3FLabs
@Pendle ’s beta didn’t end with point farming.
The source of demand is simply shifting: from airdrop leverage to real yield trading, with RWA assets becoming an increasingly important yield engine.
This is where Pendle stands out — not as a points-farming venue, but as the yield distribution layer institutional capital actually needs.
97% of its top 10 TVL is now RWA-backed. That’s not a coincidence.
Our latest read on why Pendle matters for institutional DeFi 👇
🔗 https://t.co/YOnRSRXAgQ
We are excited to announce a strategic investment in 3F (@3f_xyz), supporting the development of leveraged RWA markets and counter-cyclical yield strategies in DeFi.
While RWA adoption is accelerating, access to leverage and efficient capital deployment remains constrained by slow settlement cycles and fragmented liquidity across protocols.
3F introduces a more efficient approach — enabling leveraged carry strategies within a single settlement cycle, reducing reliance on iterative looping and improving capital efficiency.
By abstracting complexity at the infrastructure layer, 3F enables broader participation in tokenized real-world asset markets, while supporting more efficient access to onchain yield opportunities.
We see this as a critical evolution in DeFi — where infrastructure moves beyond access toward efficiency, scalability, and real economic utility.
Learn more: https://t.co/pkwAaSZQGP
13 years in the making. One week. One city gets it first.
Gate is celebrating its 13th anniversary in Hong Kong, with @redbullracing by our side.
A first-of-its-kind F1 exhibition. Blue carpet. An exclusive gala. Now boarding.
The best is saved for last 👇