Tether, the largest stablecoin issuer, has set a two-week deadline for investors to commit to its $500 billion valuation fundraising deal. The company has faced investor concerns over the high valuation, which would rank it just behind JPMorgan Chase among U.S. banks. Despite earlier reports of scaling back fundraising targets, Tether's CEO Paolo Ardoino maintains significant investor interest and emphasizes long-term strategy over urgency. The outcome of this fundraising effort will influence Tether's expansion into new business areas including AI and commodity trading.
In the week of October 18-25, 2026, Solana dominated the real-world asset (RWA) tokenization sector by attracting $453.5 million, accounting for 73% of total inflows among the top 10 blockchains. Ethereum experienced a $26 million loss in tokenized s...
On October 25, Bitcoin (BTC) led cryptocurrency inflows with $6.29 million, followed by Zcash (ZEC) at $4.68 million and Solana (SOL) at $3.06 million. Despite BTC's inflow, it also recorded the largest outflow at $43.90 million. Stablecoins saw mixe...
In a recent 24-hour period, Pump.fun generated $1.98 million in protocol revenue, slightly surpassing Hyperliquid's $1.96 million. However, over a seven-day span, Hyperliquid led with $15.06 million compared to Pump.fun's $9.65 million. Tether and Ci...
Tether has frozen approximately $2.2 million in USDT connected to outflows from CoinDCX after the exchange admitted to losses caused by a failed process securing deposits sent to retired wallet addresses. The freeze specifically targets the USDT fund...
Papertrade generated $13.38 million in protocol revenue over seven days, ranking fifth among 10 protocols as of October 23. It trails behind Tether ($122.87M), Circle ($48.98M), Hyperliquid ($15.10M), and Pump ($14.71M). Papertrade offers synthetic p...
