Bitcoin Lightning Network Welcomes Tether USDt
CryptoBriefing: @Tether_to integrates $USDt with Bitcoin’s Lightning Network to enhance transaction speed and utility in AI-driven economies and remittances. #Update #Crypto $USDt (+4) ↗
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
USDT Expands to Bitcoin Lightning
Decrypt: @Tether_to’s $USDT will integrate with Bitcoin and the Lightning Network, enhancing stablecoin use on Bitcoin’s blockchain, announced at a conference in El Salvador. #Update #Crypto $USDT (+6) ↗
USDT Rejoins Bitcoin Lightning Labs Partnership
TheBlock: @Tether_to partners with Lightning Labs to integrate $USDT on Bitcoin’s base layer and Lightning Network, enhancing interoperability and expanding its network presence #Update #Crypto $USDT (+4) ↗
Tether Overcomes MiCA Hurdles with Hadron
CryptoSlate: @Tether_to highlights its Hadron platform and investment in @Quantoz amid USDT delistings under MiCA, emphasizing regulatory compliance and innovation. #Update #Crypto $USDT (-4) ↘
Stablecoin Innovation Bitso Unveils The Push
@Bitso has launched ‘The Push’, a stablecoin startup accelerator program, to support five projects in Latam with $250K each, capitalizing on the region’s growing stablecoin popularity. #Update #Crypto (+4) ↗
Ripple USD Stablecoin Secures New Listing
@Ripple’s RLUSD stablecoin is now listed on @Margexdotcom, enhancing cross-border payment solutions. The latest reserves report shows $83.21M backing RLUSD, maintaining its 1:1 USD peg. #Update #Crypto $RLUSD (+3) ↗
Senate Hearing: Warren Probes Lutnick’s Tether
Howard Lutnick, Trump’s Commerce nominee, faces scrutiny from Senator Elizabeth Warren over ties between @Tether_to and Cantor Fitzgerald, alleging links to criminal activity. Lutnick supports increased auditing for stablecoins like $USDT. #Update #Legal $USDT (-3) ↘
Crypto.com Delists USDT for MiCA Compliance
@cryptocom delists $USDT and nine other tokens to comply with MiCA regulations, offering users until March 31 to withdraw assets before automatic conversion. The move follows regulatory approval from the Malta Financial Services Authority. #Update #Legal $USDT (-4) ↘
Crypto.com Delists USDT for EU Users
@CryptoCom will delist $USDT and other assets for EU users by January 31, 2025, aligning with the EU’s Markets in Crypto-Assets (MiCA) regulations. This reflects ongoing regulatory adjustments impacting the cryptocurrency market in Europe. #Update #Legal $USDT (-6) ↘
Digital Euro Challenges Trumps Stablecoin Push
The European Central Bank’s Piero Cipollone urges the EU to adopt a digital euro to counteract the U.S. push for dollar-backed stablecoins, enhancing global financial stability and competitiveness. #Update #Crypto $EUR (+3) →
Tron Expands Influence with Zero-Fee Stablecoin
@justinsuntron’s @Tronfoundation plans to eliminate stablecoin transaction fees, aiming to boost adoption by absorbing costs within the assets themselves. This initiative will initially launch on Tron and expand to Ethereum and EVM-compatible chains. #Update #Crypto $TRX (+4) ↗
Stablecoin Bill Advances in Hong Kong
Hong Kong’s Legislative Council held its first meeting on the stablecoin bill since December, aiming to regulate issuers via licensing from the Hong Kong Monetary Authority. The region seeks to strengthen its position as a cryptocurrency hub. #Update #Legal (+3) →
Tether Delisting Looms Armstrong Warns
Brian Armstrong, CEO of @Coinbase, stated that the exchange would delist $USDT if required by new U.S. legislation, emphasizing regulatory compliance and customer security at the World Economic Forum. #Update #Legal $USDT (-3) ↘
CBDC Halted Trump Era Stablecoin Surge
President Donald Trump vows to block a Central Bank Digital Currency (CBDC) in the U.S., while stablecoin adoption accelerates, potentially reshaping the digital currency landscape. #Breaking #Crypto $USDT (+8) ↗