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.
This week in crypto, Pump.fun introduced a new trading model pairing memecoins with tokenized stocks on Solana, expanding crypto's reach. Hunter Biden's LAPTOP memecoin crashed 98% shortly after launch, highlighting market volatility. The Liquid netw...
The US Department of Justice publicly thanked Tether for its role in disrupting Xinbi Guarantee, a Chinese-language crypto marketplace accused of supporting fraud and money laundering. Authorities restrained over $52 million in digital assets linked ...
Allbridge Core has processed $1.64 billion in stablecoins through the TRON network across nearly 80,000 transfers, making TRON its leading ecosystem network. TRON dominates stablecoin activity with $2.08 trillion settled in Q2 2026 and holds 47% of t...
