Oobit, a Tether-backed payments app, has integrated Brazil's Pix instant payment system, allowing users to deposit Brazilian reais, hold USDT stablecoins, and make payments through Pix. This integration connects stablecoin balances to a widely used payment network with nearly 170 million users, enhancing local usability without changing existing payment habits. The move comes amid Brazil tightening crypto payment regulations while stablecoin demand grows, positioning Oobit as a key player in Brazil's expanding digital dollar market. Oobit previously raised $25 million in funding led by Tether, aiming to increase crypto adoption through familiar payment infrastructure.
Tether's Hadron platform supports fast issuance of real-world asset tokens, including fractionalized real estate with privacy features via the Liquid Network sidechain. Saudi Arabia is actively building infrastructure for tokenized property, launchin...
The EU's Markets in Crypto Assets (MiCA) framework has licensed 35 tokens but excluded major stablecoin issuers like Tether, restricting EU users' access to top global stablecoins. Circle's EU Strategy head, Patrick Hansen, warns this leaves many use...
Tether is expanding its tokenization platform Hadron into Saudi Arabia, starting with institutional real estate assets. Partnering with Saudi firms First Data and BKN301, Tether aims to digitize real estate investments on blockchain, supporting Saudi...
Tether has partnered with First Data and BKN301 to deploy its Hadron asset tokenization platform in Saudi Arabia, focusing on institutional real estate investments aligned with the country's Vision 2030 economic diversification plan. Hadron enables r...
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
