Richard Heathcote, the former chief investment officer of Tether, is looking to sell a portion of his 1.26% stake in the stablecoin issuer USDT. He is working with advisory firm PJT Partners to find potential buyers. Heathcote transitioned to a non-executive advisory role in March and was replaced by his deputy. This move comes as Tether scaled back its fundraising plans after investor resistance to a high valuation, despite reporting a $10 billion profit in 2025. The sale could affect ownership dynamics in the largest stablecoin company by market cap.
In the last 24 hours, Bitcoin (BTC) and Ether (ETH) experienced net outflows of $170.35 million and $73.17 million respectively, indicating some investor withdrawal. Conversely, XRP and Solana (SOL) showed strong net inflows of $34.81 million and $31...
Tron's stablecoin market cap increased by $554.9 million over a single week ending October 11, 2026, driven mainly by Tether's USDT, which makes up 97.8% of Tron's $95.3 billion stablecoin supply. This growth outpaced competitors like OP Mainnet, whi...
In the latest 24-hour crypto fund flows, Ethereum experienced a net outflow of approximately $68.36 million, indicating investors pulled more funds out than they put in. Meanwhile, Solana (SOL), Tether (USDT), and Bitcoin (BTC) attracted net inflows ...
USDC, a dollar-pegged stablecoin by Circle, saw $40.2 billion traded on decentralized exchanges (DEXs) during Q3 weekends, when traditional banks are closed. This volume rivals Visa's daily transaction scale, highlighting how on-chain dollar transfer...
Polkadot's (DOT) price surged 10.93% to $1.27 following a major reduction in its annual token issuance by 53.6%, lowering the supply growth and capping total supply at 2.1 billion DOT. Additionally, governance approval for dotUSD, an over-collaterali...
