Survivors and relatives of terror attacks linked to Iran's IRGC have petitioned a Manhattan federal court to compel Tether to release $344 million in frozen USDT. These funds were immobilized after U.S. sanctions identified the assets as belonging to the IRGC, a designated terrorist entity. The petition argues Tether, which controls USDT centrally, has the capability and legal duty to redistribute these assets to victims holding judicial awards. This case is part of a broader legal strategy using cryptocurrency platform controls to enforce terrorism compensation claims. The court has yet to rule on the petition.
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. Thi...
Circle's EURC stablecoin has seen record activity in Europe, with 1,760 active addresses and 713 new wallets daily, driven by the MiCA regulation which excludes non-compliant stablecoins like Tether's USDT from European platforms. This regulatory env...
Circle, the issuer of the USDC stablecoin, is contesting a criminal case in Wisconsin accusing it of failing to return 381,235 stolen USDC tokens to local authorities. The dispute arose after a scam victim's tokens were frozen by court order, but Cir...
Kaito (KAITO) topped Upbit's crypto 'fear and greed' index with a greed score of 77, showing strong trader interest despite its price closing flat at 988 KRW. The token saw high trading volume of about 51.56 billion KRW, indicating concentrated liqui...
USDC has processed over $90 trillion in cumulative on-chain transactions, marking a major milestone for the stablecoin since its 2018 launch. In the first half of 2026, USDC captured about 70% of adjusted stablecoin transaction volume, far outpacing ...
