Tether Surges $1.3B Profit Q2
Tether reports $1.3B Q2 profit with $5.2B in excess reserves, reinforcing its position as the largest dollar stablecoin in crypto. #Update #Crypto $USDT
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
USDG Stablecoin Joins Mantle Global Network
@Paxos’ stablecoin $USDG has launched natively on @Mantle, joining the Global Dollar Network. $USDG, with a market cap of $3.18B, will enhance DeFi applications within Mantle’s ecosystem. #Update #Crypto $USDG
Stablecoin Partnership Boosts 24/7 Settlements
@Payward partners with @SoFi to integrate SoFiUSD stablecoin into Kraken, enhancing digital asset liquidity and enabling 24/7 US dollar settlements through SoFi’s network. #Update #Crypto $USDC
Kraken Integrates SoFi Stablecoin Network
SoFi Technologies partners with Payward to integrate Kraken into SoFi’s dollar settlement network and list SoFiUSD on Kraken, enhancing crypto liquidity and trade pricing. #Update #Crypto $BTC
Bitcoin’s Golden Cross Signals USDT Surge
Bitcoin ($BTC) is approaching a bullish golden cross, with support from $USDT potentially signaling a positive trend. Historical success of this indicator in crypto markets remains mixed. #Update #Crypto $BTC
Tether Faces $42M USDT Freeze Lawsuit
Tether froze $42.4M in $USDT linked to Thai investors without a warrant, leading to a lawsuit seeking damages and blacklist removal. #Update #Legal $USDT
Tether Sued for Freezing $42M in Fraud Case
Two Thai businessmen sued @Tether for allegedly freezing $42.4M in $USDT without a warrant, linked to a pig butchering scheme; they seek unfreezing and damages. #Update #Legal $USDT
Tether Faces $42.4 Million USDT Lawsuit
The plaintiffs allege that @Tether froze $42.4 million in USDT following an informal U.S. law enforcement request, prior to a seizure warrant being issued. #Update #Legal $USDT
Tether Faces $42.4M USDT Freeze Lawsuit
Two Thai businessmen sued @Tether in New York, alleging an unlawful freeze of $42.4 million USDT at a federal agent’s informal request. #Breaking #Legal
Tether Faces Lawsuit Over 42.4 Million USDT
Thai entrepreneurs Nuttawat Rukhammaichalern and Nattawat Kasamvilas have sued @Tether in New York, challenging the freeze of 42.4 million $USDT, alleging unlawful blacklisting of assets before a seizure warrant was issued. #Breaking #Legal $USDT
USD Stablecoin Launches by 21 Global Firms
@GoldmanSachs, @Citi, @BankofAmerica, and 18 other global banks will launch a USD stablecoin in H1 2027, aiming for a 1:1 reserve-backed token for payments. #Update #Crypto $USDC
Tether Completes Audit Amid Regulatory Changes
@Tether reports KPMG issued an unqualified opinion on its 2025 financials, showing $6.814B in reserves over liabilities. This marks Tether’s first full audit by a Big Four firm. #Update #Crypto $USDT
Stablecoin Revolution: Goldman Citi UBS Join Forces
Global banks, including @GoldmanSachs and @Citi, plan a USD stablecoin by H1 2027 to rival $USDT and $USDC in payments. #Update #Crypto
Stablecoin Launches with 21 Major Banks
A consortium of 21 banks, including @BankofAmerica, @WellsFargo, @Citigroup, and @GoldmanSachs, plans to launch a dollar stablecoin for cross-border business payments by H1 2027 #Update #Crypto