USDT News and Stablecoin Market Trends
Investigation into crypto OTC fraud in Bengaluru, ED seizes 8,700 USDT
The alleged multi-million dollar fraud involving over-the-counter deals of virtual digital assets has intensified enforcement investigations in Bengaluru. Investors were promised discounted crypto ...
Tether faces U.S. stablecoin compliance deadline as USDT risks platform access
One year after the GENIUS Act became law, Tether still faces uncertainty over how and when its USDT stablecoin must meet U.S. requirements to remain available on domestic crypto platforms. While ...
Tether expands beyond stablecoins with Ualá investment
Tether is expanding its reach in Latin America with a $20 million investment in Argentine digital bank Ualá. The deal shows how the issuer of the world’s largest stablecoin is using its ...
U.S. freezes $131 million in USDT held in Iran-linked crypto wallets
More than $131 million in USDT held in cryptocurrency wallets linked to the Central Bank of Iran has been frozen at the direction of U.S. authorities. U.S. Treasury Secretary Scott Bessent ...
Crypto test drive: How automakers are exploring digital assets
Automakers are increasingly experimenting with digital assets. Cryptocurrency is being used both to pay for vehicles and for cross-border corporate settlements. But can this practice become a ...
Thailand to tighten stablecoin transaction controls over fraud concerns
The Bank of Thailand is strengthening its oversight of stablecoin transactions as part of efforts to combat money laundering, illicit financing and so-called gray capital. Authorities will pay ...
Tether under pressure: USDT in Europe, audit questions, and the fight for trust
Despite posting record profits and continuing to expand its business, Tether is increasingly finding itself at the center of debates over regulation, transparency, and corporate valuation. ...
Revolut to keep USDT support outside Europe
Revolut said its planned delisting of Tether’s USDT will apply only to customers in the European Economic Area and Switzerland, not to users worldwide. The move reflects the growing pressure ...
Tether brings USDT back to Bitcoin after years away
Tether is preparing to bring USDT back to the Bitcoin network, reviving a link to the blockchain where the stablecoin first appeared more than a decade ago. The move would use the RGB protocol ...
Revolut to delist USDT in August over regulatory and risk concerns
British fintech company Revolut has notified some customers that it will delist the USDT stablecoin. The company said the decision was driven by regulatory requirements and risk management ...
Traders Union research: 41% of investors use stablecoins to protect against inflation
Traders Union has published new research on how investors use stablecoins beyond crypto trading. The findings show that such assets are increasingly becoming a tool for savings, payments and ...
Aiming for leadership: Payment giants prepare a new stablecoin
The stablecoin market may be about to get a serious new player. Dozens of major companies have backed an initiative that plans to launch a dollar-denominated token called Open USD. The project ...
Stablecoin transaction volume nears $1.8 trillion in one month
Stablecoin transaction volume reached a record $1.79 trillion in June. This was 63% higher than the May figure of $1.1 trillion, according to data from payments company Visa.The new high ...
MiCA is live: How EU new rules are changing crypto market
On July 1, the European Union fully activated MiCA, a single rulebook for the crypto market designed to replace the previous patchwork of national regimes. For some companies, it is a path to ...
BTC balances rise on Bybit and OKX as USDT holdings decline
Users of Bybit and OKX have started increasing their Bitcoin holdings. At the same time, USDT balances on both exchanges declined, according to new Proof of Reserves reports.“Bybit and OKX ...
U.S. stablecoin debate tests community bank risk claims
As Congress weighs the Digital Asset Market Clarity Act, the debate over stablecoins is widening beyond crypto to the future of U.S. payment infrastructure. Ryne Saxe, chief executive of Eco, ...
Stablecoin markets face broader financial risks from potential run dynamics
Stablecoins are becoming more closely tied to market plumbing than to everyday consumer payments, raising concern over how a future loss of confidence could spread beyond crypto. If a major issuer ...
AllUnity launches Swedish krona-backed stablecoin
Digital asset company AllUnity is launching SEKAU, a stablecoin backed by the Swedish krona. The coin is registered in accordance with the European Union’s Markets in Crypto-Assets Regulation ...
MiCA deadline: Why crypto companies are leaving Europe
The MiCA transition period is coming to an end in the EU. In just two weeks, crypto exchanges, brokers, and wallet providers without a license will no longer be able to serve customers in the ...
Franklin Templeton expands BENJI distribution through MoonPay partnership
Franklin Templeton is widening institutional access to its BENJI tokenized money market fund by integrating it into MoonPay Trade. The tie-up also positions the firms for a broader strategic ...
Terrorism victims sue Tether over $344M in USDT
A group of judgment creditors in terrorism cases against Iran is trying to turn frozen stablecoins into a source of compensation for long-unpaid court awards. Their lawyer, Charles Gerstein, ...
