CoinTracker Compass: Your enterprise crypto briefing
Jul 1, 2025・2 min read
Welcome to the July edition of the CoinTracker Compass, your monthly crypto briefing: a concise roundup of the biggest trends in crypto accounting, regulation, and business adoption. This month: Senate action on crypto, stablecoin surges, TradFi goes onchain, and CoinTracker Enterprise scales up. Let’s dive in.
🔢 By the Numbers
- $24 billion: total value of tokenized real-world assets (RWAs), >2x in the past year
- $253 billion: stablecoin market cap, >50% growth in the past year
- $7.4 trillion: stablecoin transaction volume in the past 12 months
🏛️ Policy: GENIUS Act Clears Senate
The GENIUS Act, a major bipartisan crypto regulatory bill, passed the US Senate 68-30 and now heads to the House for a vote. Key points:
- Establishes a clearer federal framework for digital asset market structure
- Provides legal clarity on stablecoins and digital commodities
- Backed by President Trump and Treasury Secretary Bessent
House leadership is targeting passage before the August recess (read more).
🧱 Industry: SEC Withdraws Controversial Exchange Rule
The SEC withdrew its proposed changes to Exchange Act Rule 3b-16, which would have expanded the definition of a securities exchange to include DeFi protocols and blockchain dev teams. Why it matters:
- Reduced regulatory uncertainty for DeFi-related holdings
- Lower audit risk for DeFi treasury exposure
💸 Stablecoin Summer: Growth Continues
We’re witnessing a record-setting stablecoin surge:
- USDC, PYUSD, and other stablecoins are seeing sharp volume increases
- Regulatory progress in Japan, Brazil, and the UK are fueling adoption
- US policymakers are pushing for a federal stablecoin framework
From an accounting perspective, this means:
- More stablecoin balance sheet entries
- FX and counterparty exposure issues are emerging
📈 Wall Street Adoption: Onchain Treasuries & RWAs
Traditional finance (TradFi) firms, such as BlackRock and Franklin Templeton, are expanding their onchain treasuries and tokenized real-world asset (RWA) offerings. Implications:
- Expect onchain money market funds (MMFs) and tokenized treasuries in custodial statements
- Growing need for digital asset subledger tools
🧾 Product Updates
We’ve launched CoinTracker Enterprise, the industry’s most accurate digital asset subledger, purpose-built for finance teams managing digital assets at scale. New features:
- Enterprise-grade APIs and ERP integrations
- Real-time asset visibility
- Audit-ready GAAP and IFRS reporting
- Partnered with Coinbase Business
🎤 Community Presence: CoinTracker at Permissionless
Our team was on the ground at Permissionless IV in Brooklyn last week, engaging with industry leaders and crypto accounting teams (X, LinkedIn).
Catch us at upcoming events:
- SALT Wyoming (Jackson Hole, August 18–21)
- Token 2049 (Singapore, October 1-2)
☯️ Quote of the Month
“All money is a matter of belief” — Adam Smith, Wealth of Nations
🗺️ Stay Ahead
Crypto accounting moves fast. Stay on top of it with the world’s most accurate cryptocurrency accounting product: CoinTracker Enterprise.
This post is for informational purposes only and does not constitute accounting, tax, or legal advice.
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