USDT0, a Tether-backed stablecoin, launched on the Stellar blockchain on September 2, 2026, using LayerZero's interoperability standard to enable seamless cross-chain transfers and unified liquidity access. This launch connects Stellar to a broader USDT liquidity pool across more than 25 networks without fragmenting token supplies, supporting payments, trading, and decentralized finance. Stellar's network, known for fast and low-cost transactions, aims to serve markets in Latin America, Africa, and Asia-Pacific where USDT is popular. Adoption will depend on liquidity bridged to Stellar and integration by exchanges, wallets, and payment providers, with initial support from Kraken, Bitget, Fireblocks, and SushiSwap among others.
US Senator Richard Blumenthal has requested detailed records from Tether on over $6 million in payments to Nxum, a firm co-founded by Bo Hines, a former White House official involved in stablecoin legislation. The payments coincided with Hines lobbyi...
In the latest 24-hour crypto fund flow data, Bitcoin (BTC) experienced a net outflow of $43.60 million, with $1.87 billion inflows and $1.92 billion outflows. Ethereum (ETH) led net inflows, attracting $77.08 million with $1.02 billion inflows agains...
Senator Richard Blumenthal has requested detailed records from Tether and Nxum, a consulting firm co-founded by former White House crypto official Bo Hines, regarding millions of dollars paid by Tether to Nxum while Hines worked on stablecoin policy....
Senator Richard Blumenthal is investigating payments made by Tether to Nxum, a consulting firm co-founded by Bo Hines, a former White House crypto adviser now leading Tether's U.S. operations. The probe focuses on potential ethical and legal issues s...
Bitcoin experienced the largest outflow among cryptocurrencies with $403.44 million leaving, while tokens such as SOXLB and Ethereum saw notable inflows of $7.23 million and $5.17 million respectively. Funds also flowed into the crypto market from va...
