Tether Gold Reserves Surpass 11.6 Tons
Tether’s tokenized gold offering, $XAUT, backed by over 11.6 tons of gold, saw its market cap rise to $2.1 billion as demand surged amid rising gold prices. #Update #Crypto $XAUT
Related to cryptocurrencies pegged to stable assets like fiat currencies or gold to reduce volatility.
Tether’s tokenized gold offering, $XAUT, backed by over 11.6 tons of gold, saw its market cap rise to $2.1 billion as demand surged amid rising gold prices. #Update #Crypto $XAUT
@WesternUnion plans to launch a U.S. dollar-backed stablecoin, USDPT, on the Solana blockchain by H1 2026, aiming to enhance transaction efficiency for its 100M customers. #Update #Crypto $SOL
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT grows amid military threats and hyperinflation, with stablecoins comprising half of the economy’s hard currency. #Update #Crypto $USDT
@WesternUnion is testing stablecoin solutions to improve treasury operations, aiming for faster transactions and lower costs post-GENIUS Act. This move could enhance global money management. #Update #Crypto $USDC
Venezuela’s reliance on US-dollar pegged stablecoins like $USDT is increasing amid military threats and hyperinflation, with stablecoins now accounting for half of the nation’s hard currency #Update #Crypto $USDT
Western Union is integrating blockchain and stablecoin technology into its global payment system, marking a significant move in digital money innovation. #Update #Fintech
@Citigroup partners with @Coinbase to explore stablecoin use for corporate payments, enhancing 24/7 payment options for clients. Citigroup stock rises 1.39%, Coinbase up 4.01% on optimism. #Update #Crypto $COIN $C
Coinbase Asset Management partners with Apollo Global Management to develop tokenized stablecoin-credit products for 2026, merging blockchain and traditional credit markets. #Update #Crypto #Stablecoin
@FalconFinance integrates gold-backed stablecoin $XAUT as collateral for minting $USDf, enhancing DeFi yield opportunities and bridging traditional finance with blockchain technology. #Update #Crypto $XAUT
Canada plans to unveil a stablecoin regulatory framework by November 4, 2025, influenced by the U.S. GENIUS Act, requiring coordination with provincial regulators. #Update #Crypto
The EU’s 19th sanctions package against Russia includes a ban on transactions involving A7A5, a Russian ruble‑pegged stablecoin with over $1 billion in daily volume. #Breaking #Legal
Kyrgyzstan launches stablecoin and plans CBDC rollout, boosting blockchain adoption with @cz_binance support in a national innovation strategy. #Update #Blockchain
Kyrgyzstan has launched the KGST stablecoin on the BNB Chain, pegged 1:1 to the som, while planning a Central Bank Digital Currency and national crypto reserve by 2028. #Update #Crypto $BNB
The Central Bank of Bolivia plans to implement a wholesale CBDC to modernize its financial system, dismissing retail CBDC benefits. #Update #Finance