Stablecoin issuers Circle and Tether are key beneficiaries of the rapid growth in neobanks across emerging markets, where stablecoins like USDC and USDT enable cheaper, faster payments. While neobanks struggle with profitability due to high customer acquisition and regulatory costs, Circle's USDC and Tether's USDT stablecoins have seen significant market cap growth, with USDC growing faster. Regulatory approvals for Circle and Tether could strengthen their market positions. Despite neobank losses, stablecoins' advantages in cost and speed suggest sustained demand even if some neobanks fail.
Tether's USDT holds a market cap of Rp3.234,86 trillion and trades at Rp17.640 on Pluang as of Sep 15, 2026 07:02 WIB, showing a modest 0.22% increase in one day. This steady performance highlights the stablecoin's strong presence amid the neobank boom discussed in the news. On Pluang, USDT's circulating supply stands at 183.4 billion with a 24-hour trading volume of Rp1.190,16 trillion, reflecting active market participation even as neobanks face profitability challenges.
Tether CEO Paolo Ardoino responded to a Senate Democrats report accusing the company of enabling significant financial activity in Iran. Ardoino highlighted that Tether freezes suspicious transactions well before official sanctions are imposed, claim...
Stablecoins now total about $300.3 billion across 47 blockchains, with Ethereum holding roughly 54.1% of the supply and Tron 31.4%. In Q3 2026, Tron increased its stablecoin supply by $5 billion while Ethereum's supply dropped by $4.9 billion. Tron a...
Tether's CEO announced a 94% decline in stablecoin transaction volume linked to Iran, highlighting the company's enhanced compliance measures amid U.S. sanctions. This significant drop, if independently verified, would mark a major reduction in sanct...
Tether CEO Paolo Ardoino disputed a Senate report accusing the company of delays in freezing Iran-linked wallets, stating that since 2023, Tether has frozen flagged addresses on average four weeks before official U.S. and Israeli sanctions designatio...
Bitcoin attracted the largest cryptocurrency inflows at $31.44 million, followed by Ethereum and Zcash, which also saw significant outflows. Stablecoins like Tether and USD Coin received substantial funds, indicating a shift between volatile assets a...
