US stablecoin regulations under the GENIUS Act are tightening, with key rules due by mid-2026 and major restrictions starting in 2028. Tether's USDT, primarily a foreign-issued stablecoin, faces uncertainty in the US market unless it meets new compliance standards or shifts to its regulated US product, USA₮. This could lead to US platforms favoring compliant stablecoins like USDC, creating a two-tier market. The next 1-2 years are critical for Tether to secure compliance or risk losing prominence on US trading platforms.
Tether has proposed contributing up to $127.5 million to support Drift Protocol’s recovery after a $286 million exploit on April 1 drained funds from the Solana-based platform. Combined with $20 million from other partners, nearly $150 million will b...
Ethereum's price plunged nearly 50% in a day, triggering massive liquidations in MakerDAO's system, which backs the DAI stablecoin with ether collateral. Due to network delays and price oracle updates, liquidators exploited the system, causing $4 mil...
Morgan Stanley is in talks about adopting USDT, the largest stablecoin by Tether, on the Bitcoin network. This move could integrate stablecoins more closely with Bitcoin's infrastructure, potentially influencing crypto settlements and market dynamics...
Tron's weekly transaction count recently approached 100 million, driven by expanding stablecoin transfers, especially Tether's USDT. The network processed 1.1 billion transactions from April to June, a 12% increase from the previous quarter, with sta...
Tron is approaching 100 million weekly transactions, processing between $150 billion and $190 billion in stablecoin transfers, primarily USDT. The network's average transaction fee has dropped to about seven cents, making it a cost-effective choice f...
