Asset icon - trade crypto, stocks, and gold on Pluang
Trade on Pluang
One platform for all markets
Download

EU regulators scrutinize Tether and USDC over risky stablecoin reserve practices.

Market News
19 May 2026
Tokenpost
View Source
Bearish
pluang ai news

European regulators are increasing oversight on stablecoins like Tether (USDT) and USDC due to concerns about their reserve compositions, which may expose investors to hidden risks. Experts argue that Tether's reserves, heavily invested in gold and bitcoin, introduce volatility that contradicts the stablecoin's purpose of stability. USDC has also faced past de-pegging incidents, undermining trust among institutional investors who rely on stablecoins for secure cash-equivalent assets. This scrutiny reflects growing regulatory pressure on crypto firms to comply with emerging digital asset rules in Europe.

More News (USDT)

Stablecoin supply tops $300B in 2025, led by Tether's USDT dominance amid weak newcomer impact

Stablecoin supply tops $300B in 2025, led by Tether's USDT dominance amid weak newcomer impact

In 2025, the total stablecoin supply surpassed $300 billion, with Tether's USDT commanding about 58% of the market, nearing $190 billion in supply. Despite a $100 billion increase in stablecoin supply, new bank-issued and GENIUS Act-compliant stablec...

Market News
Bullish
8 hours ago
Stablecoin leader files seven trademarks in South Korea, prepping for local market entry amid new regulations.

Stablecoin leader files seven trademarks in South Korea, prepping for local market entry amid new regulations.

The top stablecoin issuer has submitted seven trademark applications in South Korea covering corporate branding and its gold-backed stablecoin, signaling plans to establish local operations. This move aligns with anticipated regulatory requirements t...

Market News
Bullish
15 hours ago
KITE tops Upbit greed rankings despite 5% pullback amid strong AI token interest

KITE tops Upbit greed rankings despite 5% pullback amid strong AI token interest

KITE led Upbit's crypto greed index with a score of 76 despite a 5.04% price drop to 339 won, signaling a cooling phase rather than a trend reversal. The token saw heavy trading volume (~15.06 billion won), indicating active repositioning amid sustai...

Market News
Neutral
1 day ago
Tether invests in LemFi to boost USDT remittance across Africa and Asia with faster, cheaper transfers.

Tether invests in LemFi to boost USDT remittance across Africa and Asia with faster, cheaper transfers.

Tether has invested in LemFi to integrate USDT stablecoin into cross-border payment corridors linking Africa and Asia with Western countries. This partnership aims to replace slow, costly SWIFT settlements with near-instant stablecoin transfers, impr...

Market News
Bullish
1 day ago
Prime Trust's bankruptcy trust sues Swan Bitcoin for $970M in alleged improper asset transfers.

Prime Trust's bankruptcy trust sues Swan Bitcoin for $970M in alleged improper asset transfers.

The Prime Trust Litigation Trust filed a 94-page lawsuit against Swan Bitcoin seeking to recover about $970 million in assets allegedly withdrawn before Prime Trust's bankruptcy. The complaint claims Swan Bitcoin received insider tips about Prime's f...

Market News
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App