Tether Launches Stablecoin for Millions of Creators
Tether invests in Whop to integrate stablecoin payments, enhancing digital dollar infrastructure for creators. #Update #Fintech
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
USDT Fraud Scheme Seized $61M by Authorities
Federal agents seized over $61 million in $USDT linked to a “pig butchering” investment scam, with the U.S. Department of Justice acknowledging @Tether’s role in asset transfers. #Breaking #Legal $USDT
USDT Seized in $61M Pig Butchering Fraud
US Federal agents seized over $61 million in $USDT linked to a large-scale “pig butchering” scam, where victims were lured through fake relationships and fraudulent trading platforms. Tether assisted in the investigation. #Breaking #Crypto $USDT
Coinbase CEO Challenges UK Stablecoin Limits
Coinbase CEO Brian Armstrong criticized the Bank of England’s stablecoin caps, warning they could hinder UK financial innovation. #Update #Crypto @Coinbase
Stripe Launches $159B Stablecoin Tender
Stripe offers a $159 billion tender for employee shares amid surging stablecoin volumes and business growth, highlighting its focus on blockchain payments. #Update #Fintech
Tether Launches Crypto-to-Bank Transfers Worldwide
@Tether’s Oobit app now supports crypto-to-bank transfers, enhancing local payment networks and expanding its utility beyond retail spending. #Update #Crypto $USDT
Trump Family Launches Gaza Dollar Stablecoin
Officials with Donald Trump’s “Board of Peace” are considering a US dollar-backed stablecoin for Gaza to aid economic recovery, involving Israeli and Palestinian tech firms. #Update #Crypto
Stablecoin Proposal to Ease Gaza Shortage
Early discussions in President Trump’s Board of Peace consider a dollar-pegged stablecoin to aid Gaza’s economy, as reported by Financial Times. #Update #Crypto
Stablecoin Depegs After Coordinated Attack
USD1, a stablecoin linked to President Donald Trump, briefly dipped to $0.9942 before recovering its $1 peg, attributed to a “coordinated attack” by hackers targeting @WorldLibertyFi. #Update #Crypto $USDT
Binance Launches FYUSD Stablecoin in Asia
Bitgo and New Frontier Labs partner to launch FYUSD, a regulated stablecoin for institutional markets in Asia. Bitgo is the primary issuer and custodian. #Update #Crypto
Stablecoin ETF Launches with $17 Billion Debut
ProShares’ ETF debuted with $17 billion in trading volume, raising speculation about potential ties to @Circle and its USDC reserves. Analysts see opportunities for stablecoin issuers. #Update #Crypto $USDC
Bitcoin Buying Signals TRC-20 USDT Surge
Bitcoin price nears $70,000 as TRC-20 USDT reserves on @Binance jump to $5.2B, indicating retail interest and potential market liquidity boost. #Update #Crypto $BTC
Stablecoin Sector Adds $703M Blackrock Surges 36%
Stablecoin sector gains $703M this week, led by Blackrock’s BUIDL surging 36%, despite a 0.61% monthly decline. #Update #Crypto
SEC Issues 2% Stablecoin Capital Guidance
The SEC clarifies broker-dealer treatment of payment stablecoins, allowing a 2% net capital haircut, easing regulatory pressure on institutional exposure. #Update #Legal