Stablecoin Use Surges 71% in Latam
71% of Latin American firms now use stablecoins for cross-border payments, with volumes reaching $324B in 2025, significantly reducing fees. #Update #Crypto $USDC
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
71% of Latin American firms now use stablecoins for cross-border payments, with volumes reaching $324B in 2025, significantly reducing fees. #Update #Crypto $USDC
@Tether will cease Alloy and aUSDT operations, halting new minting. Users have until Sept. 17, 2026, to redeem aUSDT for XAUT collateral. #Update #Crypto $USDT
Trace Finance raised $32M in Series A led by CoinFund to expand stablecoin infrastructure across Brazil, the US, and emerging markets. Investors include Coinbase Ventures and Paxos. Finance
Several US agencies proposed rules requiring stablecoin issuers to verify user identities like banks, part of the GENIUS Act implementation. Regulations expected in 18 months. #Update #Legal $USDT
Range closes an $8.3M Series A to expand stablecoin infrastructure, protecting $30B assets across 200+ networks. Investors include TX Ventures and SixThirty. #Update #Fintech
U.S. agencies propose new customer-ID rules for stablecoin issuers under the GENIUS Act, requiring identity verification and record maintenance similar to banks. #Update #Legal $USDT
The Federal Reserve proposed rules for U.S. crypto firms to verify stablecoin users; former Chair Jerome Powell supports, while current Chair Kevin Warsh abstains. #Update #Crypto $USDC
@Ledn expands its lending services to include Tether Gold ($XAUt) as collateral, allowing clients to borrow against it, enhancing liquidity options without triggering taxable sales. #Update #Crypto $XAUt
Nigeria’s Senate advances a crypto licensing bill amid $59B stablecoin inflows, driven by high remittance costs and naira volatility, per IMF. #Update #Crypto $USDT
@Tether is winding down Alloy and discontinuing support for aUSDT, ceasing minting immediately. Users must return aUSDT by September 17, 2026, to recover XAUT. #Update #Crypto $USDT
Six U.S. federal agencies have 35 days to finalize Stablecoin rules under the GENIUS Act, focusing on AML checks, issuer licensing, and reserve requirements for compliance. #Update #Legal $USDC
@Tether is winding down Alloy by Tether and its aUSDT stablecoin to focus on stronger demand areas, with users having until Sept. 17 to reclaim XAUT. #Update #Crypto $XAUT
Binance, Coinbase, and Kraken restrict $USDT in Europe under MiCA, boosting $USDC and EURC as compliant alternatives. Final compliance deadline: July 1, 2026. #Update #Crypto $USDT
@Fidelity launches a money market fund for stablecoin issuers, compliant with the GENIUS Act, investing in short-term U.S. Treasury securities and cash to manage reserves efficiently. #Update #Crypto $USDC