Roughly $16 billion in illicit crypto flowed through Chinese-language Telegram-based networks in 2025.

The report looks at foreign currency stablecoin adoption, namely of USD-pegged assets, in 45 emerging market countries.

The survey found younger Americans are far more likely than baby boomers to boost crypto activity this year.

But most say limited merchant acceptance and high fees stop them from spending crypto.

InfoFi-fueled “AI slop” isn’t the only reason CT feels more empty, as social and trading data across platforms shows retail participants are disengaging.

Crypto scammers are increasingly using DeFi protocols, with total losses exceeding $17 billion in 2025.

The venture capital giant highlights prediction markets, zk-SNARKS, and ‘staked media’ as themes to watch.

Dogecoin and Shiba Inu still account for the bulk of memecoin market capitalization.

Most tokens launched in 2025 are now trading well below their initial valuations, with projects that started at smaller FDVs outperforming billion-dollar debuts.

The new research highlights tokenized RWA sector inefficiencies and calls for cross-chain interoperability.