Binance hackers raced to move billions before it could be frozen
Attackers raced to convert stolen stablecoins into crypto that issuers could not freeze as industry players like Tether and Circle moved to immobilize billions…
Tether’s excess reserves nearly double to $8B as Q3 profit hits $1.5B
The stablecoin issuer’s US Treasury holdings are comparable to those of major foreign holders, while its Bitcoin reserves were valued at $8.37 billion at the…
Private, fast USDT is coming to Bitcoin. Can it compete with Ethereum and Tron?
USDT is coming home to Bitcoin, offering privacy and Lightningfast payments. But can Bitcoin’s revamped version of Tether compete with stablecoins on ETH and…
Brazilian companies turned to stablecoins on election day to dodge a currency crash
USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT…
Tether backs Bolivian fintech bringing USDT payments to food delivery and banking
The investment will support Peso’s expansion across four Latin American markets, where it connects stablecoin payments to merchant services and local banking…
Crypto Long & Short: Why real-world assets need fixed-rate loans onchain
Realworld assets already back the largest stablecoins, yet borrowing against them onchain still runs through variablerate pools. Peter Gaffney of O2O Capital…
Shinhan, SBI make Japan-Korea tourist spending a test case for yen stablecoins
The companies will assess safeguards for travelers and whether stablecoins can speed up trade settlement between South Korea and Japan. Source:Cointelegraph
Tether: Senator's investigation misses positive work that's led to lower Iran volumes
The stablecoin issuer's CEO, Paolo Ardoino, has been defending against accusations that the firm's stablecoins have fueled financial activity in Iran.…
World Liberty’s USD1 stablecoin sheds $400M in market cap in two weeks
World Liberty Financial’s USD1 stablecoin saw its market cap decrease more than $400 million over two weeks of large redemptions on Ethereum and BNB Chain.…
Deutsche Bank targets Asia crypto custody expansion in 2027 as German launch nears
The service will initially support bitcoin, ether and the stablecoins USDC, EURC and EURAU, with the bank managing clients’ wallets and private keys.…
Ex-Trump crypto adviser profited after helping pass stablecoin bill: WSJ
The Wall Street Journal reported that a company cofounded by Bo Hines benefited from the passage of the GENIUS stablecoin bill. Source:Cointelegraph
Tether, Kazakhstan cenbank mull tenge stablecoin and asset tokenization
The agreement will explore a tengebacked stablecoin pilot and a framework for tokenizing realworld assets as Kazakhstan expands its digital asset industry.…