Sorted Wallet, an early-stage crypto wallet startup, secured $4.4 million in a seed funding round led by major crypto firms Tether and Gnosis. This investment highlights growing institutional interest in wallet infrastructure, especially where stablecoins and Ethereum-based technologies intersect. The funding will support product development, hiring, and security enhancements, though specific product details and launch timelines remain undisclosed. Investors and users will watch for product launches, partnerships, and team expansions as indicators of progress in this competitive space.
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 b...
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...
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...
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...
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...
