The U.S. Treasury added 134 cryptocurrency addresses linked to ISIS-K, a terrorist group, to its sanctions list on July 1, 2026. Tether promptly froze all 131 Tron wallets associated with these addresses, preventing the use of over $1.4 million in funds. However, three Monero wallets tied to ISIS-K remain active due to Monero's decentralized privacy features. This action highlights how centralized stablecoin issuers like Tether can enforce sanctions on blockchain assets, while privacy coins pose enforcement challenges.
A court filing alleges that Tether, the largest stablecoin issuer, influenced US stablecoin legislation through Howard Lutnick, its banker and Cantor Fitzgerald executive. Senators Warren and Wyden question a loan from Tether to a trust benefiting Lu...
Jack Mallers has stepped down as CEO of Twenty One, a Bitcoin treasury firm backed by Tether, after just seven months due to disagreements with the board over the company's future. His departure follows public questioning of Twenty One's financial me...
Bitcoin is trading near $66,300, showing price stability despite a decline in market buying power. On-chain data reveals stablecoins have been leaving crypto exchanges for 35 consecutive days, reducing liquidity needed to support Bitcoin demand. Addi...
Bitcoin and Ethereum experienced net inflows of approximately $216 million and $77 million respectively, indicating strong investor interest. In contrast, USD Coin (USDC) saw a significant net outflow of about $236 million, the largest among stableco...
Tether's USDT stablecoin market cap fell by about $5.4 billion from May to July 2026, dropping from nearly $190 billion to around $184 billion. This decline is part of a broader $10 billion contraction in the stablecoin market, with USDT and USDC lea...
