The Wall Street investment bank estimates the crypto firm holds at least 148 tonnes of physical gold holdings, joining top 30 global holders of bullion.
Tether has expanded its workforce to about 300 employees and plans to add another 150 over the next 18 months, the Financial Times reported.
The MegaETH Foundation will use revenue earned from the protocol’s native stablecoin USDM to accumulate MEGA tokens.
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
Beijing has broadened its crypto ban to include RWA tokenization and unapproved offshore yuan-linked stablecoin issuance.
The crypto market has entered a fragile phase as Bitcoin dropped under the critical $70,000 level and bounced off $60,000, a zone that has increasingly acted as a gravitational pull rather than a launchpad. This subdued price action came as the stablecoin market has surged, with Tether and Circle minting billions of dollars’ worth of […]
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Disagreements over stablecoin yield provisions between banks and the crypto industry have contributed to delays in the U.S. crypto market structure bill.
Tether has increased its exposure to gold, including its direct holdings of about 140 tons of the precious metal.
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether's stablecoins.
That target is “unrealistic” this year, but possible “over the long term” once negative sentiment reverses, according to the analysts.
Bridged USDC.e currently supports the onchain prediction market's trading activity, order placement, and settlements.
Treasury Secretary Scott Bessent told Congress he has no authority to bail out Bitcoin. The exchange came during a Senate Banking Committee hearing, when Senator Brad Sherman asked whether the Treasury could intervene to support cryptocurrency prices. Bessent's answer was direct: he cannot use taxpayer dollars to buy Bitcoin, and the question falls outside his […]
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The firms said the deal reflects shared priorities around security, compliance, and scaling institutional-grade services for stablecoins.
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.
New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked stablecoins.
Tether's total reserves also grew by $11.7 billion during the quarter to $192.9 billion, including 96,184 BTC.
CME Chairman and CEO Terrence Duffy said the firm is developing a tokenized cash product for derivatives trading collateral.
The White House's end-of-February deadline for banks and crypto firms to resolve the “stablecoin yield” debate exposes a structural fault line that was never going to stay buried. This isn't a speed bump on the road to crypto-friendly regulation. Instead, it's a core collision that happens when digital dollars scale large enough to threaten the […]
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The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.
Fidelity's FIDD stablecoin can be purchased or redeemed directly through Fidelity, as well as on exchanges where it is listed.
Tether advisors have floated a $5 billion raise, down from $20 billion, after investor resistance to a $500 billion valuation, per the FT.
Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.
Reports say a wealthy Abu Dhabi investor bought a near-half stake in a crypto company tied to the Trump family. The transaction, reported to be worth about $500 million, involved an entity linked to Sheikh Tahnoon bin Zayed Al Nahyan. It has prompted questions in Washington and stirred activity in the markets where the company’s token trades. Related Reading: Mastercard Stresses Crypto Is An Enhancement, Not A Substitute Sheikh A Reported Buyer According to reporting by major outlets, Aryam Investment 1 — an investor connected to Sheikh Tahnoon — agreed to purchase roughly 49% of World Liberty Financial, known as WLFI. The payment was structured in phases, with about $250 million reported as an initial transfer. Reports note roughly $187 million moved to entities associated with the Trump family, while another $31 million reportedly went to companies tied to cofounders. JUST IN: ???????????????? President Trump says he did not know Abu Dhabi invested $500 million in his World Liberty crypto project. “I don’t know about it. My sons are handling that, I guess they get investments from people.” pic.twitter.com/AOBosetnpE — Bitcoin Black (@Bitcoinblacck) February 2, 2026 Timing And Deal Details The timing of the sale matters. It was completed shortly before an important political milestone for the buyer’s partner, and that has sharpened scrutiny. Some lawmakers and ethics experts raised alarms about a high-value foreign-backed investment in a business tied to a sitting US President. Others point out that private business dealings are common and that the legal thresholds for disclosure can be complex. Market participants reacted quickly; trading in WLFI-linked assets saw spikes in volume and price swings as news spread. Trump Responds When journalists pressed him about the report, US President Donald Trump denied having knowledge of the transaction. “I don’t know about it,” he said, adding that his sons run many family business matters. The remark was brief but clear: he insisted the family manages WLFI and that he was not personally involved in negotiating the sale. Some aides later reiterated that any operational decisions were handled by company executives and family members. Related Reading: Crypto Hacks Explode: $370 Million Stolen In January Alone: Researchers Reactions From Lawmakers And Regulators Reports say lawmakers from both parties want answers. A handful of senators have asked for briefings and documents, and a few regulators have been asked to look at whether any disclosure rules were followed. At the same time, legal experts caution that an investment by a foreign-backed firm is not automatically illegal or disqualifying. What matters, they say, are the exact terms, who signed which papers, and whether any statutory reporting obligations were met. Featured image from Brendan Smialowski/AFP via Getty Images, chart from TradingView
Asia’s dominance is visible across every major dataset in this report, but the U.S. is assembling the institutional engine for the next surge of global adoption, while Latin America is already proving how utility-driven demand can scale in the real economy.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Standard Chartered sees Solana evolving “from memecoins to micropayments", with forecasts of SOL to $2,000 by 2030.
S&P says the euro stablecoin market cap could reach €1.1 trillion by 2030, equivalent to 4.2% of eurozone bank deposits.
YC's Nemil Dalal told The Block that funding will be in USDC across major blockchain networks, including Ethereum, Base, and Solana.
China seeks to make the renminbi a true reserve currency, but the numbers reveal a story in which Beijing's capital controls create conditions for Bitcoin and dollar stablecoins to thrive as workarounds rather than competitors. The International Monetary Fund's latest reserve data shows the renminbi holding just 1.93% of global foreign exchange reserves in the […]
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Crypto advocacy groups called a White House meeting on Monday to discuss an intensely contested topic on how to treat stablecoin rewards.