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Tether-backed Orionx closes over $7m custody gap
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Galaxy launched USDC and USDT lending vaults on Kamino, bringing its institutional risk framework and curated yield strategies to Solana.
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Aave has announced an Avalanche credit hub that will let institutions borrow USA₮ against tokenized assets as the RWA market exceeds $51 billion and Avalanche hosts more than $3.4 billion of the assets. Aave RWA Hub will turn tokenized assets…
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The U.S. Department of Justice has restrained more than $52 million in cryptocurrency while targeting wallets and online channels linked to the Xinbi Guarantee scam network. Tether said in a Sep. 11 statement that the DOJ credited the stablecoin issuer’s…
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Tether has tested its decentralized peer-to-peer search technology by storing the full Wikipedia archive across 100 distributed nodes, as the USDT issuer works on a system designed to remain available without relying on centralized search infrastructure. According to Tether CEO…
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Tether has frozen roughly $39.3 million in USDT held across 10 Tron addresses linked to Xinbi Guarantee, a Chinese-language guarantee marketplace that blockchain investigators have tied to billions of dollars in crypto transactions. MistTrack, the onchain tracing platform developed by…
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Tether-backed Orionx is closing after an audit found a $7 million custody gap, prompting suspended withdrawals and a criminal complaint.
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A planned dollar stablecoin backed by 21 global financial institutions will begin with regulatory resources, corporate relationships, and international payment connections. Four industry executives told crypto.news, however, that institutional backing will not guarantee adoption unless the token can match the…
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USDT0 has launched on Stellar through LayerZero, connecting wallets, exchanges and applications to Tether-backed cross-chain liquidity.
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Tether faces a New York lawsuit alleging it froze 42.4 million USDT before authorities obtained a warrant in a $61 million fraud probe.
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Tether CEO Paolo Ardoino has challenged the Bank for International Settlements’ preference for tokenized bank deposits, arguing that fully reserved stablecoins give users a stronger alternative to money held under fractional reserve banking. The Bank for International Settlements laid out…
Feature
An 80 million user fintech started distributing EURR in three European countries on August 26. Tether has been locked out of the same market since July 1. The stablecoin war is no longer about which token is biggest. It is…
Feature
Congress gave agencies one year to write stablecoin rules. They missed it by four months and counting. The OCC expects a final rule by November, Tether still lacks a reciprocity determination, and the effective date keeps sliding.
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Tether CEO Paolo Ardoino says USDT use is growing for savings, payments and trade across Venezuela, Argentina, Bolivia and Turkey.
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Tether’s planned Bitcoin mining expansion in Uruguay has collapsed after an electricity supply dispute with state utility UTE left two facilities without enough power, ending a project estimated to have cost around $120 million. Reuters has reported that Tether abandoned…
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The GENIUS Act mandates Treasury bill reserves. FASB wants stablecoins counted as cash. The Treasury is writing enforcement rules for January 2027. Every provision points the same direction, and it is not toward protecting retail investors. The debate over stablecoin…
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Binance’s 45th reserve report shows user BTC balances rising 2.55%, while Ethereum and USDT holdings both declined 2.57%.
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