Maple Finance has emerged as the second-largest institutional crypto lender after Tether, with active loans around $1.9 billion and total loans originated between $15 billion and $22 billion. The platform shifted from risky uncollateralized lending to secured, overcollateralized loans following the 2022 crypto credit market collapse, achieving a repayment rate above 99% and no losses on secured positions. Maple pools liquidity from institutional depositors and lends to vetted professional borrowers, distributing over $100 million in interest to liquidity providers. It operates on multiple blockchains and offers tokenized stablecoin products to broaden access to its yields, partnering with firms like Cantor Fitzgerald to expand its institutional reach.
Oobit has partnered with AEON to integrate crypto payments into Vietnam's VietQR network, allowing travelers to pay with cryptocurrency by scanning local QR codes. Merchants receive payments in local currency, making it seamless without changing exis...
The US Treasury's proposed GENIUS Act rules could require US exchanges like Coinbase to stop offering Tether's USDT stablecoin to American users starting January 18, 2027, unless Tether complies with US legal orders. This follows a similar move in Eu...
World Liberty Financial, linked to the Trump family and issuer of the USD1 stablecoin, stated it does not own or control the Hong Kong-based AI platform WorldClaw but declined to disclose any financial relationships. WorldClaw offers access to over 3...
Users report receiving unexpected small USDT deposits labeled from HTX, causing Coinbase to freeze their accounts due to compliance concerns related to UK sanctions on HTX. HTX denies involvement and is investigating possible errors in address labeli...
Tether is broadening its business by integrating artificial intelligence tools aimed at its global user base of over 650 million, especially in emerging markets. CEO Paolo Ardoino emphasized the focus on practical AI applications in health, finance, ...
