Tether Looking to Raise Up to $20B, Bringing its Valuation to $500B: Bloomberg
The talks of the deals are in early stages and prospective investors have been given access to a data room over the past few weeks...
Asia Morning Briefing: China’s Car, America’s Currency — Why Stablecoins Keep th...
A BYD Dolphin Mini sold for USDT in a BRICS country highlights the irony of China’s de-dollarization drive, where the yuan is side...
JPMorgan: New Stablecoins Set to Compete with Circle’s USDC in US Market
TLDR JPMorgan analysts report that Circle’s USDC faces growing competition from Tether, Hyperliquid, and fintech companies enterin...
U.S. Stablecoin Battle Could Be Zero-Sum Game: JPMorgan
Without significant expansion, the new wave of stablecoin launches may simply redistribute market share rather than grow the pie,...
New Crypto Fellowship PAC Announces Launch With $100 Million Committed To War Ch...
Fellowship PAC has pledged $100M to back pro-crypto candidates and has emphasized transparency and trust. NYT has reported a Canto...
Israel Freezes $1.5M in USDT After Blacklisting 187 Iran-Linked Crypto Wallets
TLDR: NBCTF named 187 crypto wallets tied to IRGC, holding $1.5B in USDT, in its latest seizure order. Tether blacklisted 39 of th...
Tether Launches USA₮ Stablecoin, Appoints Bo Hines as CEO
TLDR Tether has announced the launch of its new dollar-backed stablecoin, USA₮. The USA₮ stablecoin will comply with the reserve r...
Tether Shakes Up Stablecoin Market, Unveils New U.S.-Based Rival ‘USAT’
Tether has unveiled USA₮ for the U.S., backing a dollar token with transparent reserves, issued via Anchorage Digital and supporte...