News Announcement: Launch of COSI: Consortium of Stablecoin Issuers by the Digital Asset Regulatory Authority
The rate at which stablecoins are being created has reached record levels, with the stablecoin market capitalization hitting $252 billion as of mid-2025, and the top five stablecoins accounting for about 90% of this total. Both centralized and decentralized stablecoin projects have seen rapid growth, with stablecoins now used across more than 50 countries and by over 500 million wallet addresses globally in 2025. The surge in stablecoin issuers and escalating adoption underscore a pressing need for unified standards, enhanced transparency, and robust oversight.
This exponential expansion illustrates why the establishment of the Consortium of Stable Coin Issuers (CSI) is critical. With so many stablecoins circulating in the market, the CSI will foster collaboration among issuers to develop best practices, ensure regulatory compliance, and protect market stability as stablecoins become integral to traditional finance, DeFi, and consumer financial systems
DARA proudly announces the establishment of the Consortium of Stablecoin Issuers, a collaborative network dedicated to advancing the transparency, innovation, and regulatory integrity of stablecoins worldwide.
This consortium brings together leading issuers, policymakers, and financial innovators to strengthen the stablecoin ecosystem through open dialogue, shared standards, and responsible growth across global markets. Its mission reflects DARA’s ongoing commitment to a balanced, innovation-friendly regulatory approach that safeguards consumers while enabling digital finance to flourish.
The Consortium’s vision focuses on bridging traditional and decentralized financial systems—exploring the evolution of stablecoins across TradFi, ConsumerFi, and DeFi. Through this lens, the group aims to define practical frameworks for interoperability, compliance, and the use of stablecoins as foundational tools for digital payments, remittances, and real-world asset tokenization.
To mark this milestone, DARA will be part of the Blockchain Legal Institute’s Global Summit on March 21st focusing on Tradfi, ConsumerFi and DeFi. The Global Summit will be uniting regulators, stablecoin issuers, financial institutions, and blockchain leaders for an in-depth conversation on the future of stablecoins. The discussion will explore how stablecoins are reshaping capital markets, redefining consumer finance, and unlocking new opportunities in decentralized ecosystems.
To join the Consortium of Stablecoin Issuers, visit www.dara.foundation.
