Argentine fintech Uala completed a $197 million funding round led by Allianz X, with Tether participating as an investor. This significant capital injection supports Uala's digital financial services growth across Latin America. Tether's $20 million stake marks its expanding role beyond stablecoin issuance into regional retail finance. The deal highlights growing institutional interest in Latin American fintech, though specific use of proceeds and full investor list remain undisclosed.
The EU's Markets in Crypto Assets (MiCA) framework has licensed 35 tokens but excluded major stablecoin issuers like Tether, restricting EU users' access to top global stablecoins. Circle's EU Strategy head, Patrick Hansen, warns this leaves many use...
Tether is expanding its tokenization platform Hadron into Saudi Arabia, starting with institutional real estate assets. Partnering with Saudi firms First Data and BKN301, Tether aims to digitize real estate investments on blockchain, supporting Saudi...
Tether has partnered with First Data and BKN301 to deploy its Hadron asset tokenization platform in Saudi Arabia, focusing on institutional real estate investments aligned with the country's Vision 2030 economic diversification plan. Hadron enables r...
Binance's August 1, 2026 proof of reserves report confirms that Bitcoin and Ethereum holdings fully cover user balances at 100.25%, with stablecoins like USDT, USDC, and USD1 backed even higher. This snapshot, verified using advanced cryptographic me...
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...
