- Hashed Out
- Posts
- Hashed Out V42: Web3 2025 Quarter 3 Review
Hashed Out V42: Web3 2025 Quarter 3 Review
Q3 was the quarter Web3 proved it’s real — stablecoins got legal clarity, institutions doubled down, and adoption is moving faster than anyone expected.
Scott Kasten
October 03, 2025
Welcome to the 42nd edition of Hashed Out, your weekly guide to navigating the dynamic world of Web3, brought to you by Argot (www.argotagency.io). Whether you're taking your first steps into this digital frontier or already exploring it, our mission remains the same: to demystify the complexities of Web3 and equip you with the insights and resources you need to thrive.
Our vision extends beyond a simple newsletter—we aim to build a vibrant community where both enthusiasts and newcomers can gather, learn, and grow together. Think of us as your trusted sherpa on this journey, here to translate intricate concepts into clear, actionable insights. We'll connect you with the latest data and expert perspectives from the builders, researchers, and creators driving innovation in Web3.
Join us as we transform from curious explorers into true Web3 virtuosos, one issue at a time.
Hey there Hashers!
Hashed Out Quarterly Roundup — Q3 2025
If the first half of 2025 was about building momentum, Q3 was the quarter when Web3 started to feel inevitable. Stablecoins took center stage with record volumes and landmark U.S. legislation, institutions moved from cautious tests to real adoption, and Ethereum outpaced Bitcoin in a sign of shifting market confidence. At the same time, interoperability experiments hinted at the next big unlock, while hacks and exploits reminded us of the risks that still hold the space back.
This issue brings you everything that mattered most over the past three months:
Themes & Stories: The quarter’s biggest developments, from the GENIUS Act to ETH’s market surge.
Spotlight & Case Study: Why stablecoins are more than infrastructure — and how experiments like UlluCoin show Web3 seeping into everyday culture.
Editorial: A personal look at what the GENIUS Act means, why adoption is accelerating, and how decentralization will need to adapt as Wall Street steps in.
Q3 gave us proof points that Web3 is no longer theory. As we move into Q4, the question isn’t if adoption is happening, but who will lead it — and how quickly.
Feature Story
Q3 2025 was a turning point for Web3. Stablecoins hit record volumes, institutions doubled down, ETH outpaced Bitcoin, and hacks exposed ongoing risks. Here’s what mattered most — and what it means for the next quarter
Editorial
Why the GENIUS Act marks a turning point, and what stablecoins mean for the balance between decentralization and mainstream adoption
Bonus Section
Stablecoins aren’t just infrastructure — they’re shaping culture too, from powering finance to launching tokens in media and entertainment
Companion Resources — What to Read, Watch, and Try
🔧Tools & Protocols
Circle’s USDC Treasury Tools – For businesses testing stablecoin payments and treasury integration.
EigenLayer & Modular Staking Protocols – Experimenting with interoperability and shared security models.
Smart Wallets (Safe, Argent) – A glimpse of the future of “invisible crypto” UX.
🎧 Podcasts & Reads
a16z Podcast on Stablecoins & Regulation – Breaks down what the GENIUS Act means for U.S. crypto policy.
Coin Bureau Explainer: Tokenized Assets – Accessible overview of how traditional finance is approaching tokenization.
Research Spotlight: “Chainless Apps” (arXiv, 2025) – A technical but forward-looking paper on interoperability and decentralized discovery.
📅 Events & Conferences
TOKEN2049 Singapore (Sept) – Stablecoins and tokenization dominated the agenda.
ETHGlobal New York (Oct) – Showcased cutting-edge modular and cross-chain experiments.
Upcoming: Web3 & Regulation Summit (Brussels, Nov) — expected to set tone for EU’s next steps.
📱 Apps to Explore
PayPal USD (PYUSD) – One of the easiest ways for mainstream users to dip into stablecoins.
UlluCoin – Entertainment meets tokens; still early, but worth watching as a loyalty experiment.
Base & Optimism dApps – Explore what L2s are offering as cheaper, faster stablecoin rails.
Looking Ahead — Q4 2025 Preview
As we close out Q3, here’s what to keep an eye on in the months ahead:
⚖️ Regulation & Policy
EU’s MiCA Framework – The first full quarter of enforcement will test how issuers adapt.
U.S. SEC Guidance on Tokenized Securities – Expect clarifications in late Q4.
Asia-Pacific Experiments – Following China’s AxCNH launch, look for other regional stablecoins to emerge.
💸 Market Drivers
Bitcoin Halving Countdown – With just months to go, expect volatility and narrative battles.
ETH Roadmap Updates – Staking yield changes and modular rollup improvements may drive renewed attention.
ETF Flows – Watch for continued institutional allocation trends in U.S. and Europe.
🛡 Security & Infrastructure
Cross-Chain Security Risks – As interoperability heats up, bridges and messaging protocols will remain prime targets.
Insurance & Risk Protocols – Growing chatter about making DeFi “insurable” could become a major theme.
🌍 Adoption Stories
Stablecoins in Remittances – Pilots in Latin America and Africa are scaling.
Tokenized Real-World Assets (RWAs) – From short-term Treasuries to real estate, expect announcements that push RWAs further into the spotlight.
Enterprise Blockchain – More Fortune 500 companies experimenting with tokenized supply chains, carbon credits, and loyalty.
The Wrap
Ok, it’s time to roll the credits! One last call, if you haven’t already, hit the subscribe button below to stay in the know. We have a lot of great stuff ready to be released and we would love for you to join our community and grow with us. If you have questions or comments drop us a line.
For those of you already subscribed… If you found value in this edition of Hashed Out, we’d love for you to share it with others who might benefit from these insights. Your support helps us reach more curious minds and build a community of forward-thinking readers.
Thank you for being part of our journey. Your engagement and feedback mean the world to us! Stay tuned, stay curious, and let’s keep hashing out the future together.
FINAL NOTES
Hashed Out is a newsletter that is affiliated with our parent business Argot.
At Argot, we’re passionate about helping businesses navigate the rapidly evolving world of Web3. From crafting brand strategies to managing content and community engagement, our services are designed to position your brand at the forefront of innovation. Whether you’re looking to integrate decentralized technologies or build a strong digital presence, our team is here to support your journey.
Curious about how Web3 can transform your business? Reach out to us at Argot and let’s build the future together.
I hope that you enjoyed this edition of Hashed Out.
Ok Hashers, that’s The Wrap. Many thanks!
(Cue awesome exit music of your choice)
Until next time,
Dr. Scott