Institutional demand for digital asset is strong, despite recent volatility and a 40% sell-off in the market since October. Large investors are planning to increase their allocations, while stablecoins are gaining traction across retail and institutional channels. A survey by Coinbase and EY-Parthenon found that 73% plan to buy more digital assets this year, while 74% expect prices to rise over the next 12 months. Meanwhile, Japan is moving ahead with regulated USDC (USDC) lending products, and new models tied to real-world assets are emerging. SBI VC Trade is expanding stablecoin use in Japan with the launch of a retail USDC lending service, as regulated access to dollar-backed tokens gains traction. Crypto wealth manager Abra is planning to go public through a merger with New Providence Acquisition Corp., valuing the combined entity at around $750 million.