Stablecoin

Solana’s SOL is down 31% in 2026 even as network metrics firm up. According to DeFiLlama, DeFi TVL hit a record $80 million on stablecoin inflows, while Dune Analytics shows Solana meme launchpads handling nearly $100 million daily and 30,000 new tokens per day this week. The mix complicates the undervaluation case.

On 14 February 2026, the U.S. Senate was set to review a bill addressing Bitcoin and the broader crypto market structure. According to the article, the session is planned for 2:00 p.m. Monday, while White House official Patrick Witt said "trillions of dollars" in institutional capital are waiting for clearer rules.

On February 5, Bitcoin fell to about $60,000 after a roughly 50% slide from a near-$126,000 peak. The pullback is framed as modest versus past cycles, with macro pressures in focus; spot pricing sits under $67,000 with flat daily moves, an about 3% weekly gain, and sharper losses across two-week and monthly periods.

SBI Holdings announced plans to acquire Coinhako, seeking a majority stake via capital injection and purchases of shares from existing holders. The transaction involves an MoU between SBI Ventures Asset and Holdbuild Pte and will proceed subject to regulatory approval, aligning with SBI's push to expand its digital asset footprint across Asia.

On Feb. 14, 2026, Anastasia Labs CEO Philip DiSarro said on X that Cardano's ecosystem shows "visible work" while underscoring behind-the-scenes tasks like editing and coordination. Cardano updates include a planned USDCx launch by the end of February, according to founder Charles Hoskinson, alongside a LayerZero integration and throughput goals tied to Ouroboros Leios.

In a Yahoo Finance interview, Patrick Witt said the administration aims to advance the CLARITY Act before the November midterms and flagged stablecoin yield as the main sticking point. He indicated another cross-industry meeting could happen next week, while Kalshi bettors price a 36% chance of passage by June and 22% by March.

On 14 February 2026, Patrick Witt, Executive Director of the President's Council of Advisors for Digital Assets, emerged as a key mediator in the dispute between major banks and crypto firms over stablecoin yields that is stalling the CLARITY Act of 2025. He argues that yield-bearing stablecoins are not a systemic threat, backs a narrow fix focused on "idle yield," and is pushing both sides to reach a compromise by the end of February 2026 as the midterm election window tightens.

On February 14, 2026, U.S. Treasury Secretary Scott Bessent called for rapid passage of the CLARITY crypto market structure bill to bolster investor confidence amid sell-offs. He signaled a spring signing target and highlighted the 2026 midterms as a catalyst for urgency, with Polymarket showing split-control odds and U.S. House data reflecting a narrow Republican edge.

On February 13, 2026, the Digital Chamber published a principles framework on stablecoin yields, warning that Section 404 in a Senate draft would bar rewards for merely holding payment tokens unless specific exemptions are preserved. As White House-facilitated talks stalled, the group backed disclosures and compliance controls while favoring transaction-linked incentives over passive payouts.

Arbitrum’s ARB token has fallen about 40% in 2026 after losing over 70% in 2025, with its price dropping below $0.20 and all holders currently at a loss. At the same time, stablecoin capitalization on the network has risen by nearly $65 million and ETHZilla is rolling out a real-world asset jet-engine income token on Arbitrum, positioning the chain to tap growing RWA demand despite weak TVL.