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Jinse Finance reported that the Kenyan parliament has passed the Virtual Asset Service Providers Bill, aiming to promote digital asset and cryptocurrency investment by clarifying regulatory rules. The bill designates the central bank as the licensing authority for stablecoins and other virtual asset issuances, while the capital markets regulatory authority is responsible for licensing crypto exchanges and related platforms. The bill now awaits President William Ruto's signature to take effect.

Jinse Finance reported that in 2025, the average number of unique weekly sending addresses for stablecoins on Ethereum reached 720,000, and for the past two weeks, it has surpassed 1 million for the first time. Over the past year, this figure has grown exponentially, with an average weekly increase of more than 1.7% since August 2024. Analysis indicates that the growth is mainly driven by the increased adoption rate of stablecoins; in addition, perpetual contracts, prediction markets, and most Real World Asset (RWA) tokenization projects all use stablecoins for fund settlement, with each new application generating a large number of new addresses. As a primary settlement layer, Ethereum captures inflows, rebalancing, and payment flows, thereby driving an increase in active addresses.