Tether CEO Paolo Ardoino revealed a strategy to transform the stablecoin issuer into a diversified financial powerhouse by accumulating large reserves of Bitcoin and physical gold. The company has been purchasing 1-2 tons of gold weekly, amassing about 140 tons valued at $23-24 billion, and holds roughly 83,000 to 100,000 BTC worth over $8 billion. These hard assets make up 20-25% of Tether's portfolio, funded by profits rather than new stablecoin issuance. This approach positions Tether as a key player in global finance, with its stablecoin circulating $186 billion and serving as a digital dollar in emerging markets. The move also enhances Tether's credibility with institutional investors and creates ongoing buying pressure in Bitcoin markets.
Polkadot's (DOT) price surged 10.93% to $1.27 following a major reduction in its annual token issuance by 53.6%, lowering the supply growth and capping total supply at 2.1 billion DOT. Additionally, governance approval for dotUSD, an over-collaterali...
In Q3 2026, stablecoin card spending reached $4.31 billion, with TRON processing the largest share at $998 million, or 23.2% of the total. This growth reflects TRON's role as a key liquidity and settlement layer for USDT, a popular stablecoin. While ...
Stablecoin supply on Ethereum, Arbitrum One, and Base increased by $403.1 million over a week in October 2026, with Ethereum contributing the largest share of $243 million. Ethereum now holds about 47-48% of the total on-chain stablecoin supply, maki...
On October 9, 2026, Tether blacklisted four THORChain vault addresses on the Tron network, freezing about 1.45 million USDT and stopping THORChain's Tron-based cross-chain swaps. The freeze lasted roughly three hours before Tether removed the blackli...
Wallets linked to a $90 million Ledger distributor hack transferred 430.2 ETH (about $1.07 million) to Tornado Cash on Oct. 9, following Tether freezing related funds. The operators also swapped some USDT for USDD and moved part of the assets to a Bi...
