Tether USDt Surges to $187B Market Cap
Tether’s $USDT hits a record $187B market cap, signaling potential liquidity flow into risk assets like Maxi Doge ($MAXI) amid rising interest in high-beta tokens. #Update #Crypto $USDT
Stablecoins
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
BBVA Joins Qivalis for European Stablecoin
BBVA joins Qivalis consortium to develop a euro-pegged stablecoin, enhancing European financial autonomy with 12 major banks. Awaiting Dutch Central Bank authorization. #Update #Crypto
Binance Launches South African Stablecoin
A consortium including @Luno and Sanlam launches ZAR Universal (ZARU), a blockchain stablecoin pegged to the South African rand, enhancing transparency. #Update #Crypto
Fidelity Launches Digital Dollar Stablecoin
Fidelity Digital Assets launches its first stablecoin, the Fidelity Digital Dollar (FIDD), on the Ethereum network, marking its entry into USD-pegged digital currencies. #Update #Crypto $ETH
Ethereum: Fidelity Stablecoin FIDD Launches Onchain
Fidelity Investments launches its first stablecoin, FIDD, backed by cash and US Treasuries, available on Ethereum. #Update #Crypto
Tether Reduces $20B Funding Effort
Tether reduces its funding goal from $20B to $5B after investor resistance, citing valuation concerns and regulatory uncertainty. CEO Paolo Ardoino emphasizes profitability and limited equity sale. #Update #Crypto $USDT
Tether Cuts $20B Fundraising Amid Concerns
Tether, the world’s largest stablecoin issuer, reduces its funding target from $20B to possibly $5B amid skepticism over its $500B valuation. #Update #Crypto $USDT
Stablecoin Launches $3.4B for Onchain Credit
@WorldLiberty has launched World Liberty Markets, a DeFi lending platform using its $3.4B USD1 stablecoin, enabling onchain borrowing and lending with plans to support tokenized real-world assets. #Update #Crypto $USD1
Crypto Firms Face February Deadline on Stablecoin Rules
The White House has set a February deadline for banks and crypto firms to resolve stablecoin yield concerns hindering the crypto bill’s progress, following negotiations among industry leaders. #Update #Crypto
Coinbase and Banks Resolve Stablecoin Dispute
@Coinbase, @Ripple, @Kraken, and banking representatives will meet at the White House on Monday to discuss the stalled CLARITY Act’s stablecoin yield provisions amid a partial U.S. government shutdown. #Update #Crypto $USDC
Bitcoin: NY AG Criticizes Stablecoin Law
New York AG Letitia James warns the GENIUS Act shields stablecoin issuers from fraud accountability, failing to return stolen funds, in a letter to Senate leaders. #Breaking #Legal
Tether Earns $10 Billion Boosting Reserves
Tether reports a record $10 billion profit in 2025, with total reserves hitting nearly $193 billion and over 530 million users globally. Significant investments made across various sectors. #Update #Crypto $USDT
Stablecoin Yield Debate Sparks White House Meeting
White House meeting on crypto market structure bill addressed stablecoin yield issues, with progress noted despite ongoing legislative challenges. Talks will continue amid potential government shutdown. #Update #Crypto $USDT
Stablecoin Yield Talks: White House Meets
The White House hosts a meeting at 1 PM ET with crypto firms and banks to discuss stablecoin yields, impacting pending crypto legislation. #Update #Crypto