CertiK: The stablecoin ecosystem faces security and compliance challenges

CertiK released the "2026 Stablecoin Threat Report," pointing out that the stablecoin ecosystem is facing challenges in technical security and regulatory compliance. The report states that since 2026, security incidents related to cross-chain bridges have resulted in losses exceeding $328 million, with a single loss of $291 million caused by the Kelp DAO wallet leak incident. The report also analyzed the development of the Russian ruble stablecoin A7A5. Since its launch in 2025, A7A5 has recorded an on-chain cumulative transaction volume of over $11 billion, accounting for approximately 43% of the global non-USD stablecoin market.