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On Wednesday, the stablecoin market cracked into uncharted territory, vaulting past the $290 billion mark for the first time ever after padding its coffers with more than $4 billion in fresh capital over the past week. From USDT to RLUSD, Every Fiat-Pegged Token Joins the $290B Stablecoin Party Stablecoins are stealing the spotlight, complete with … Read more
Israel has seized 187 digital wallets allegedly linked to Iran’s Revolutionary Guards (IRGC) over terrorism financing charges, citing their use in a “severe terror crime.” Legal Basis for Seizure Israel has seized digital wallets allegedly controlled by Iran’s Islamic Revolutionary Guards Corps (IRGC) on terrorism funding charges. In a seizure order issued by Defense Minister … Read more
According to the stablecoin giant’s latest announcement, Tether tapped Anchorage Digital to issue the firm’s U.S.-focused stablecoin called USAT, a move both firms pitch as a federally supervised template for U.S. dollar tokens. Tether, Anchorage Digital Pair up on U.S.-Focused USAT Anchorage Digital Bank NA, a federally chartered digital asset bank, will oversee issuance, reserve … Read more
According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector expanded by $2.733 billion in seven days. Tether’s share has slipped, … Read more
Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of Tether USAT. Tether’s Next Act: A U.S.-Regulated Dollar Token Called USAT Framed as a U.S. product from day one, USAT will target businesses and institutions that want a digital cash alternative governed by strict standards … Read more
The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude payments, allowing the Venezuelan government to supply the local foreign currency market directly. Venezuela Leverages USDT to Receive Crude Sale Settlements Stablecoins, such as USDT, have become essential in countries facing both … Read more
According to metrics, the stablecoin economy has crossed the $280 billion range for the first time in history. Stablecoins Shatter Historic $280B Milestone With $3 Billion Added Overnight Defillama.com stats show the total stablecoin market cap now sits at $283.31 billion, climbing $6.99 billion (+2.53%) over the past week, and $3 billion of that was … Read more
The stablecoin issuer Tether announced plans Thursday to launch its USDT stablecoin on the RGB protocol, expanding native stablecoin support on Bitcoin. Tether Brings USDT to RGB, Enhancing Bitcoin’s Capabilities RGB is dubbed a next-generation protocol for issuing digital assets and smart contracts on Bitcoin and the Lightning Network. It operates primarily off-chain using a … Read more
Tether is escalating its U.S. expansion with a high-profile hire from the Trump administration, signaling a bold push to influence stablecoin policy and dominate digital assets. Trump’s Crypto Strategist Joins Tether in Bold Move to Lead US Stablecoin Shift Tether announced on Aug. 19 that Bo Hines has been appointed as Strategic Advisor for Digital … Read more
Over the past week, the stablecoin market expanded by 1.28%, adding $3.464 billion to reach a total of $273.169 billion. Tether ( USDT) remains the heavyweight, commanding 60.49% of the entire market, with its supply climbing by roughly 730 million coins during the seven-day period. Tether and USDC Add to Market Dominance as Stablecoin Economy … Read more
