The EU's Markets in Crypto Assets (MiCA) framework has licensed 35 tokens but excluded major stablecoin issuers like Tether, restricting EU users' access to top global stablecoins. Circle's EU Strategy head, Patrick Hansen, warns this leaves many users unprotected or cut off from major stablecoins, despite local issuers gaining momentum. The EU has opened a public consultation until September 30 to review MiCA and potentially ease rules for foreign issuers, aiming to make the framework more competitive and globally aligned.
Tether CEO Paolo Ardoino defended the company's record of freezing flagged wallets, stating they often act weeks before U.S. sanctions or seizure orders. However, Senate investigators highlighted a delay in freezing 34 wallet addresses linked to Hezb...
Tether CEO Paolo Ardoino stated that the company has frozen wallet addresses linked to Iran, reducing stablecoin transaction volume by 94%. This challenges Senate minority staff allegations that Tether failed to freeze illicit wallets associated with...
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...
