Tether's USAT, a US-regulated stablecoin backed by Anchorage Digital Bank, launched on the Celo blockchain, marking its first deployment outside Ethereum. The launch includes native minting, burning, and planned gas fee payments directly in USAT, simplifying use for Celo's mobile-first users in emerging markets. This move targets Celo's 4.2 million weekly active USDT users and aims to improve accessibility by removing the need to hold Celo's native token for transactions. The expansion highlights Tether's strategy to offer both regulated payment stablecoins and offshore trading stablecoins, with Anchorage providing regulatory compliance and trust.
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...
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 t...
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...
