Tether Forfeits $600K in Phishing Scam
Connecticut victim T.M. to recover $600K in $USDT from a Ledger phishing scam after U.S. authorities’ blockchain analysis traced and seized funds. #Update #Crypto $USDT
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Connecticut victim T.M. to recover $600K in $USDT from a Ledger phishing scam after U.S. authorities’ blockchain analysis traced and seized funds. #Update #Crypto $USDT
Representatives from the crypto and banking sectors are meeting with legislative staffers to discuss revised stablecoin yield provisions, delaying the bill’s release amid ongoing negotiations. #Update #Crypto $USDC
@Tether’s Jesse Spiro will chair the Fellowship PAC, aiming to influence the 2026 US elections with over $100 million from crypto backers for candidates supporting digital asset innovation. #Update #Crypto $USDT
The U.S. Treasury seeks public input on stablecoin regulation, advancing the GENIUS Act to align state and federal rules for issuers under $10 billion. #Update #Crypto
Solana stablecoin transactions surged to $650 billion in February 2026, contributing to nearly $2 trillion in total monthly stablecoin volume across networks, marking Solana’s fastest growth among blockchains. #Update #Crypto $SOL
US Federal Reserve Governor Michael Barr stated that clearer stablecoin regulations could enhance market growth, but emphasized addressing risks like money laundering and consumer protections as the GENIUS Act is implemented. #Update #Crypto $USDC
@OpenFX raised $94M in Series A funding led by Accel, Atomico, and Pantera to expand into Southeast Asia and deepen Latin American corridors. #Update #Finance
The velocity of stablecoins has doubled in two years, now averaging six turnovers monthly, driven by AI payments; Standard Chartered projects a $2 trillion market by 2028. #Update #Crypto $USDC
Tether’s USAT stablecoin launches on Celo, supported by Google Cloud; expands beyond Ethereum with privacy-preserving access via proof-of-humanity. #Update #Crypto $USDT
Stablecoin transaction volumes exceeded $33 trillion in 2025, a 72% increase from 2024, highlighting their role as essential financial infrastructure, particularly in Latin America. #Update #Crypto $USDT
Convera partners with Ripple to enable stablecoin-powered cross-border payments, enhancing speed and reliability in global finance. #Update #Fintech
Senators Angela Alsobrooks and Thom Tillis unveil a crypto market structure bill addressing stablecoin yield, but industry representatives express dissatisfaction ahead of the anticipated markup later this month. #Update #Crypto
@StraitsX reports a 40x surge in card transaction volume and an 83-fold increase in issued cards between Q4 2024 and Q4 2025, highlighting rapid growth in Southeast Asia’s stablecoin card market. #Update #Crypto $XSGD
Tether launches its gold-backed token XAUT on BNB Chain, expanding access to the $2.5B market cap asset. Binance opens spot trading for XAUT pairs. #Update #Crypto $BNB