Hyundai Card, Hyundai Motor Group's financial arm, successfully completed a $20,000 USDT transfer between its US and Mexico subsidiaries on the Avalanche blockchain in just seven minutes, compared to the usual 3-4 hours via traditional bank wire. This live pilot used real stablecoins and funds, proving blockchain's potential for faster, compliant cross-border corporate payments. Hyundai plans a second trial involving USDC and Visa in Europe, testing scalability across different regulatory environments. This move signals growing corporate interest in blockchain payments but highlights regulatory risks ahead.
Tether's stablecoin USDT gained about 1.6 million new holders last week, significantly outpacing USDC's 591,100 new holders, showing stronger adoption despite a cooling stablecoin market. USDT's market cap is around $183 billion, about 2.5 times larg...
USDT deposits on Aave V3 increased by $526 million over three months, pushing total deposits to about $3.03 billion by late July 2026. This surge reflects strong demand for stablecoins in decentralized lending, with active USDT loans reaching $2.5 bi...
Circle and Tether, the leading stablecoin issuers, minted $3 billion in new tokens over two days, reflecting ongoing high demand for dollar liquidity on blockchain networks. Tether added $1 billion to its USDT supply, now around $183 billion, while C...
Tether has exited two Bitcoin mining operations in Uruguay following a conflict with the state utility UTE over electricity supply, leading to a halt in mining activities and losses of about $120 million. The dispute arose from differing interpretati...
Tether's $120 million Bitcoin mining project in Uruguay collapsed due to a dispute with the state utility UTE over electricity allocations, leading to power disconnections in July 2025. The disagreement centered on contract terms about power limits, ...
