The stablecoin market has grown to about $300 billion, with Tether (USDT) and USD Coin (USDC) strengthening their dominance. USDT leads with a market cap of around $186 billion, and USDC follows with about $70 billion, while other stablecoins remain much smaller. The competition is shifting from token issuance to securing broad adoption and deep liquidity, which creates a reinforcing network effect. Despite new entrants from banks and fintechs, USDT and USDC's extensive integration and liquidity make them difficult to unseat in the near term, though future challengers could emerge if they achieve similar scale and usage.
Tether AI released QVAC SDK 0.16, enhancing its on-device AI toolkit with new capabilities including image generation via Ideogram 4, synchronized video with audio through LTX-2, and local execution of NVIDIA's GR00T robotics model. These updates all...
Tether has accumulated 97,141 Bitcoin, valued at about $6 billion, making it the second-largest private corporate Bitcoin holder if it were public. This Bitcoin reserve is funded by allocating up to 15% of Tether's quarterly profits from its reserve ...
Tether's gold-backed digital token XAU₮ has received Shariah certification, enabling access to the growing Islamic finance market. Each token represents one ounce of physical gold stored in Swiss vaults and trades on Ethereum-based platforms. Abu Dha...
Houthi rebels attacked two Saudi oil tankers in the Red Sea, the first such strikes since 2019, causing Brent crude oil prices to surge over 7% and surpass $100 per barrel. This escalation follows the collapse of a truce between the Houthis and Saudi...
Tether, the largest stablecoin issuer, faces a $2.9 billion annual fee drain to blockchains it doesn't control, mainly Ethereum and Tron. To reclaim these fees, Tether supports two competing USDT blockchains: Plasma, a DeFi-focused chain with a nativ...
