Tether has launched its US-focused stablecoin USAT on the Celo blockchain, marking its second mainnet after Ethereum. USAT now supports native minting and burning on Celo, reducing reliance on bridges and allowing users to pay transaction fees using USAT via Celo's CIP-64 upgrade. With a market cap of about $185 million, USAT is designed for regulated US dollar payments and is expanding into the $11 trillion US payroll market through a $7 million funding round led by Tether. Celo's low fees and mobile-friendly design make it a strategic choice for scaling digital dollar payments.
Bitcoin's 30-day implied volatility index (BVIV) has dropped to 36%, the lowest since May 31, signaling calm despite recent challenges like the Coldcard hack, weak institutional demand, and regulatory uncertainty. This low volatility suggests a poten...
TRON blockchain reached over 15 billion total transactions, with daily activity exceeding 12.5 million, largely fueled by USDT stablecoin transfers totaling $28.1 billion in volume. The network holds more than $90 billion in USDT supply, reinforcing ...
A7A5, a ruble-pegged stablecoin launched in 2025 to help Russian firms circumvent international sanctions, initially handled over $100 billion in transfers. However, coordinated actions by the US, UK, and EU in late 2025 targeted its infrastructure, ...
Tether reported a decline of more than $4 billion in its excess reserves during Q2, reducing the buffer above its stablecoin liabilities to about $4.11 billion. Despite this drop, Tether confirmed that USDT remains fully backed and generated a net op...
Tether reported a $1.5 billion operating profit in Q2 2026, driven by returns from US Treasury holdings and repo operations. The company holds $187.7 billion in assets, including $4.1 billion in excess reserves, and controls over 60% of the stablecoi...
