Senator Richard Blumenthal has requested detailed records from Cantor Fitzgerald regarding its financial and custody relationship with Tether, the company behind the USD₮ stablecoin. The request covers revenue, compliance, and any financial ties involving the Lutnick family, as well as investigations into Tether's alleged use in Iran's shadow banking and Russia sanctions evasion. This move intensifies Senate oversight amid concerns about Tether's operations and Cantor's alleged stake in the company. Cantor Fitzgerald must respond by October 23.
Tether (USDT) maintains a substantial market cap of Rp3.293,56 trillion on Pluang as of Oct 09, 2026, 04:42 WIB, with a daily trading volume of Rp1.769,82 trillion. The stablecoin's price remains steady at Rp17.888, showing a slight 0.11% increase over the past day. Pluang users show a 59% sell and 41% buy order activity, holding USDT typically for around 90 days, indicating steady investor engagement despite ongoing regulatory scrutiny.
Senator Richard Blumenthal is investigating the financial relationship between Cantor Fitzgerald and Tether, the leading stablecoin issuer. He sent a letter to Cantor's CEO, Brandon Lutnick, seeking details on their partnership, especially regarding ...
The European Securities and Markets Authority (ESMA) issued an opinion on October 8, 2026, requiring EU-authorized crypto service providers to stop offering stablecoins that do not comply with the MiCA regulation, notably Tether's USDT. Providers mus...
USDT's share of stablecoin payments in the Asia-Pacific region fell from 98% in early 2025 to 91% by July 2026, while other stablecoins increased their combined share from 2% to 9%. This shift reflects broader regulatory access and institutional inte...
Between September 1 and October 1, Binance users added over 6,200 BTC, raising total Bitcoin holdings on the exchange by 0.91% to about 688,600 BTC. Meanwhile, balances of Ether, Tether, and BNB decreased by 4.61%, 0.87%, and 0.77% respectively. This...
Polygon Labs has integrated TRON's network into its Open Money Stack platform, enabling businesses to use the $94 billion USDT stablecoin for seamless cross-border payments and transfers. This allows remittance firms, fintechs, and payment providers ...
