The stablecoin issuer continued its run of delivering strong returns, reporting "over $1 billion in operating profit.
The USDT issuer expands beyond crypto with a controlling stake in Adecoagro, a major Latin American producer.
Circle's USDC stablecoin, which is pegged to the U.S. dollar, is the world's second largest stablecoin by supply.
Patrick McHenry, the ex-lawmaker who championed last year's crypto legislation, also said he expects a role to be found for Tether in the U.S. stablecoin field.
Tether reported the first attestation report for its Tether Gold product under new El Salvador regulations as gold demand surges globally
Tether’s tokenized gold product, XAUT, has released its first official attestation, showing that its total backing amounts to 246,523.33 ounces, equivalent to more than 7.7 tons of gold. According to an April 28 statement, XAUT is priced at $3,123.57 per token and has a total market capitalization of $770 million. The token reached an all-time […]
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Solstice Labs, a member of the Deus X Capital family, plans to roll out a Solana-native stablecoin with in-build yield features before late 2025.
The feature is pitched as a way to access DeFi yields for USDC, USDT, USDS and DAI without going through "complex processes."
"Hard to be bearish, in our view, on this asset with the current demand-supply dynamics," the Bernstein analysts said.
Stablecoin issuer Tether has raised its stake in Juventus Football Club to 10.12% of issued shares, which gives it 6.18% of the club’s voting rights. Following the news, Juventus’s crypto fan token, JUV, jumped over 10% to a two-month high of $1.08, according to CryptoSlate’s data. Meanwhile, other fan tokens also benefited from the momentum. […]
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The stablecoin market could also only reach $500 billion "if adoption and integration challenges persist" the banking giant also said.
The stablecoin issuer first invested in the Italian football club back in February, and has now raised its stake in it.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Twenty One will go public through a SPAC merger with a $3.6 billion BTC treasury, the third-largest among publicly-traded firms.
Cantor Fitzgerald is reportedly stepping into the Bitcoin investment arena with plans to launch a $3 billion digital asset venture, Financial Times reported on April 23. The initiative is backed by heavyweight partners, including stablecoin issuer Tether, SoftBank, and crypto platform Bitfinex. 21 Capital The venture, named 21 Capital, will use $200 million in seed […]
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USDC's accelerated growth appears increasingly tied to its regulatory clarity and institutional appeal, particularly as Circle advances plans for a potential IPO.
As Congress debates stablecoin legislation, a high-stakes power struggle is playing out between banks, tech giants and crypto firms.
The collaboration aims to leverage Bleap's technology to enable other wallet providers to integrate with Mastercard's payments network.
Tether, the company behind the world’s largest stablecoin USDT, has strategically invested in Fizen Limited to support the broader adoption of stablecoins and self-custody solutions. The deal, announced on April 15, did not disclose the financial details but aligns with Tether’s broader goal of promoting financial inclusion through blockchain technology. Boosting stablecoin payments According to […]
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Total crypto lending is still down 43% from its 2021 peak, but decentralized platforms have seen a significant growth, Galaxy reported.
Potential stablecoin legislation in the U.S. could drive a nearly 10x increase in stablecoin supply by 2028, according to Standard Chartered.
One hundred days after the Markets in Crypto-Assets (MiCA) framework took effect, most of the crypto industry is still racing to catch up. On April 14, Circle’s executive Patrick Hansen, citing data from the European Securities and Markets Authority (ESMA), reported that only 11 stablecoin issuers and 15 crypto-asset service providers (CASPs) had received authorization. […]
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Tether CEO Paolo Ardoino has revealed that the company saw a significant uptick in users during the first quarter of 2025 amid the broader crypto market volatility. In an April 14 post on X, Ardoino announced that the number of USDT users rose by 13% during the period. Although he didn’t provide an exact figure […]
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Dashjr is staunchly against Bitcoin applications like inscriptions and attempts to filter those transactions via the OCEAN mining pool.
Stablecoins captured the biggest YoY growth among instutionals trades as global regulations regularized the fiat-pegged crypto coin market.
AG Letitia James recommended stablecoins should be both backed 1:1 by U.S. dollars or treasuries and issued by American companies.
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."
"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
Stablecoins are one of crypto's clearest success stories — and VCs are treating them as a serious long-term bet. Here’s why.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.