Stablecoin Market Sheds $6.2B in Two Weeks
Stablecoin market declines $6.22B in two weeks, hitting $305.113B from a peak of $311.333B, with a 1.21% drop last week alone. #Update #Crypto $USDT
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Stablecoin market declines $6.22B in two weeks, hitting $305.113B from a peak of $311.333B, with a 1.21% drop last week alone. #Update #Crypto $USDT
OSL Group (HKEX: 863) secures $200M equity financing to expand stablecoin trading and payment platform, support acquisitions, and infrastructure growth. #Update #Finance
Tether’s latest attestation confirms reserve coverage and $10B profits in 2025, according to BDO’s ISAE 3000R report. #Update #Crypto $USDT
Tether reports over $10B profit for 2025, with $USDT supply hitting $186B. Increased reserves in US Treasuries and gold diversify holdings. #Update #Crypto $USDT
Tether’s US Treasury holdings have reached a record high of over $122 billion, while profits have declined by 23% year-on-year, according to CEO Paolo Ardoino. #Update #Crypto $USDT
Tether (@Tether_to) reported a net profit exceeding $10 billion for 2025, with $6.3 billion in excess reserves and significant holdings in U.S. Treasuries, gold, and bitcoin. #Update #Crypto $USDT
Tether reports over $10B profit in 2025 as USDT circulation surpasses $186B, with reserves at $193B and US Treasury exposure exceeding $141B. #Update #Crypto $USDT
@Visa and @Mastercard express skepticism about stablecoins for everyday payments, citing lack of consumer demand. SoFi reports 63K active crypto accounts, emphasizing urgency in blockchain innovation. #Update #Crypto $BTC $ETH
@Circle plans to enhance infrastructure for stablecoin adoption through 2026, focusing on its Arc blockchain and expanding USDC’s cross-chain utility. USDC holds over $70B market cap. #Update #Crypto $USDC
Tether supports a US bill banning stablecoin yield, opposing Coinbase’s public critique. Tether met with senators post-critique, seeking bank ties for its USAT stablecoin. #Update #Crypto $USDT
@Fidelity launches the Fidelity Digital Dollar (FIDD) on Ethereum, amid a $308B stablecoin market, with compliance features and potential to impact $500B in US bank deposits by 2028. #Update #Crypto $FIDD
Dakota, a neobank founded by ex-Coinbase, Square, and Airbnb execs, launches a platform for fintechs to embed global stablecoin payments via APIs. #Update #Fintech
@Universal announces USDU as the first USD-backed stablecoin registered by the UAE Central Bank for digital-asset settlement. #Update #Crypto
@UniversalDigital has launched USDU, the first UAE-registered US dollar-backed stablecoin, regulated by CBUAE and FSRA, enhancing compliance for digital asset settlements. #Update #Crypto $USDU