Tether's USDT stablecoin market cap fell by about $5.4 billion from May to July 2026, dropping from nearly $190 billion to around $184 billion. This decline is part of a broader $10 billion contraction in the stablecoin market, with USDT and USDC leading the pullback. Despite the drop, Tether remains financially strong, posting a $1.04 billion profit in Q1 2026 and holding an $8.23 billion reserve buffer. Investors should monitor stablecoin flows closely, but USDT still dominates the market with a 58% share and remains historically large in circulation.
Tether minted $500 million worth of USDT on the Solana blockchain in less than 60 minutes, adding to Solana's existing $3.8-$4 billion USDT supply. This surge, alongside a simultaneous $250 million USDC mint by Circle on Solana, indicates strong dema...
TRON's stablecoin market cap grew by about $4.8 billion in 90 days, driven mainly by Tether's USDT, which now exceeds $94 billion on the network. This surpasses Ethereum's USDT supply by over $9 billion, largely due to TRON's lower transaction fees, ...
Hyundai successfully tested a $20,000 cross-border payment using Avalanche's blockchain, reducing transfer time from hours to about seven minutes. This pilot, involving Hyundai Card and partners like Tether and Axiom, used stablecoins rather than AVA...
Tether's USDT is now available as a confidential token (cUSDT) on Zama, which uses fully homomorphic encryption to hide transaction amounts and balances on Ethereum. Since its launch in January 2026, cUSDT has reached a cumulative shielded volume of ...
David Schwartz, Ripple's CTO Emeritus, acknowledged a fundamental mistake in early blockchain design: assuming all USD stablecoins would share the same currency code 'USD'. This miscalculation led to fragmented stablecoin payments, confusing users wi...
