Senator Richard Blumenthal has formally requested Cantor Fitzgerald to provide detailed records about its relationship with Tether, including its estimated $10 billion stake, revenue from the partnership, and compliance measures. The request follows concerns about Tether's role in Iranian shadow banking and potential sanctions evasion. Cantor must respond by October 23, with inquiries covering audits, custodial roles, ownership transfers, and investigations into money laundering allegations. This scrutiny highlights growing regulatory attention on stablecoins and their financial partners.
Tether (USDT) is trading at Rp17,858 on Pluang with a slight 0.10% decrease in the last day. The stablecoin holds a market cap of Rp3.293,99 trillion and experiences a 59% sell order activity as of Oct 09, 2026 17:42 WIB. This data provides context to the regulatory scrutiny discussed in the news.
Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, maki...
On October 9, 2026, Tether blacklisted four THORChain vault addresses on the Tron network, freezing about 1.45 million USDT and stopping THORChain's Tron-based cross-chain swaps. The freeze lasted roughly three hours before Tether removed the blackli...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
A crypto trader lost 80 Bitcoin, worth about $6.6 million, after transferring them to a new Ledger hardware wallet bought from a reseller named CryptoBilis. The coins were held on the device for 10 days before being stolen in a single transfer. Ledge...
Tether has frozen about $90 million in USDT tokens stolen from Ledger hardware wallet users via a compromised distributor in Southeast Asia. The freeze prevents the stolen USDT from being transferred but does not return funds to victims. Ledger is in...
