The Skynet 2025 First Half Stablecoin Panorama Report by CertiK highlights the significant impact of global regulatory policies on the stablecoin industry. With the advancement of the US STABLE Act, GENIUS Act, and the EU's MiCA regulations, compliance has become crucial for stablecoins to gain market trust. Institutional projects with licenses and transparent reserves are increasingly favored, while non-compliant issuers face marginalization. Traditional financial institutions like Societe Generale and Bank of America are expanding their stablecoin operations, promoting integration between crypto assets and traditional finance. The report forecasts that RWA-supported and yield-based stablecoins will capture 8% to 10% of the market, valued at over $300 billion, by year-end. It underscores the importance of risk management, transparency, and compliance for the sustainable growth of stablecoin projects.