Tether's USDT stablecoin has reached over 550 million users globally, adding 30 million new wallets each quarter, mainly in developing countries. Its market cap surged to $190 billion, briefly surpassing Ethereum, with 50-60% of USDT activity now supporting cross-border trade and payments. Tether posted $1.04 billion profit in Q1 2026 and launched a user-friendly app to boost mainstream adoption. The company is also preparing a new stablecoin tailored for the regulated US market, signaling its intent to expand beyond crypto trading into global finance infrastructure.
USDC has reportedly captured 56% of euro stablecoin transactions, overtaking Tether's USDT in this specific market segment. This shift reflects growing demand for regulatory-compliant stablecoins under the EU's MiCA framework, with European instituti...
Circle's USDC stablecoin now accounts for 56% of euro-paired stablecoin trading, surpassing Tether's USDT which fell from 90% to 44% since January 2024. This shift is driven by the EU's Markets in Crypto-Assets (MiCA) regulations, which enforced stri...
In the past 24 hours, Bitcoin (BTC) and Ethereum (ETH) attracted significant net inflows, with BTC leading at $170.97 million and ETH at $35.72 million, even as their prices declined. Stablecoins USDT and USDC also saw net inflows of around $12 milli...
Within a three-hour span ending at 11:04 a.m. ET on October 26, six large cryptocurrency transfers totaling $394.5 million took place. Key movements included a $108.9 million Tether transfer to Bitfinex, 999 Bitcoin sent to Binance, and significant P...
Polygon has introduced new controls on its Open Money Stack platform allowing teams to set spending limits and authorization durations for AI agent wallets. These wallets enforce on-chain restrictions, rejecting payments that exceed budgets, fall out...
