Tether has issued 5 billion USDT across Ethereum and Tron in the past two weeks, including a recent 1 billion USDT mint on Tron. This surge in stablecoin supply, now totaling $189.5 billion and dominating 58.9% of the stablecoin market, is seen as a bullish indicator of institutional demand and liquidity in the crypto market. The minting coincides with Bitcoin surpassing $80,000, suggesting increased buying pressure and market confidence. Historically, such large-scale USDT minting events precede sustained market rallies, indicating potential continued upward momentum.
Stable has introduced StableEarn, a new treasury management product that allows USDT holders to earn institutional-grade yields through a Morpho vault backed by Theo's real-world asset products. The vault invests USDT deposits into three Theo product...
Hyperliquid has enabled borrowing of USDT stablecoin on its testnet, expanding its portfolio margin system beyond USDC. This allows traders to borrow USDT against their HYPE token collateral within a unified account for both spot and perpetual trades...
Charles Hoskinson, founder of Cardano, praised XRP as a better "Web2.5" product compared to centralized stablecoins like Tether and Circle, highlighting XRP Ledger's open and permissionless access for developers. This marks a notable shift after year...
Tether is partnering with the Georgian government to launch GELT, a stablecoin backed by the Georgian lari and developed under a new regulatory framework. This initiative aims to integrate Georgia's national currency directly into blockchain-based fi...
Georgia and Tether launched GEL₮, a stablecoin pegged to the Georgian lari, aiming to speed up cross-border payments and reduce costs using blockchain technology. This partnership marks a shift from traditional state-run digital currencies to private...
