Tether co-led a $7.5 million seed round for Utexo, which integrates Bitcoin's base layer, Lightning Network, and the RGB protocol to enable native USDT stablecoin issuance on Bitcoin. This move marks a return of USDT to Bitcoin after years on Ethereum and Tron, addressing issues like privacy, fixed transaction costs, and institutional risks. Utexo's platform targets payment service providers and exchanges, offering instant, private, and low-cost transactions secured by Bitcoin's network. The growing Lightning Network volume supports this shift, signaling strong institutional interest in Bitcoin-native stablecoin infrastructure.
Tether has introduced beta command-line and Model Context Protocol (MCP) tools to its Wallet Development Kit, enabling AI clients to interact with self-custodial wallets locally. These tools support wallet management functions such as creation, unloc...
After the Bitget hack stole $387.5 million, Circle and Tether froze about $318,000 in stablecoins from one hacker address. However, the majority of the stolen funds, over 63,000 ETH worth around $170 million, remain unfrozen as no issuer can block Et...
Tether has frozen 218,022.97 USDT connected to the Bitget security breach to prevent further movement of the stolen stablecoins. This action followed Circle's earlier freeze of about 100,000 USDC related to the same incident. The stolen funds were mo...
Circle froze 100,000 USDC tokens held at a crypto address connected to stolen funds from a Bitget hack. The same address also holds 218,000 USDT tokens, which remain unfrozen as of the latest update. The USDC funds were idle for over two and a half h...
The TRON blockchain network has exceeded $30 trillion in cumulative transfer volume as of September 23, 2026, highlighting its significant role in stablecoin payments and settlements. The network hosts over 405 million accounts and has processed 15.6...
