USDT holdings have risen sharply amid a sluggish crypto market. Since August, a massive surge in USDT holdings on exchanges have been witnessed. The accumulation/distribution…
PeckShield flagged a $6.27M USDT transfer from OKX to an FTX/Alameda wallet. FTX's $12.7B creditor settlement includes $8.7B restitution and $4B disgorgement. Repayment in cryptocurrency…
IDA raises $6 million in seed funding to develop its first fiat-referenced stablecoin, HKDA. Major players, including Hashed and CMCC Global’s Titan Fund, back the…
Kamino Finance raises PYUSD borrowing caps, expanding access and maintaining stable rates. Ethena Labs offers PYUSD borrowing at 2.07% APY, appealing to yield-focused investors. PYUSD…
The stablecoin market has recorded a new all-time high of $177 billion, surging past the previous high. The market has seen rapid growth in the…
Luca Prosperi, the CEO of M^0 Labs, predicted that in 10 years, the stablecoin market will be worth $2 trillion. Prosperi added that DeFi needs…
PYUSD yield program offers secure, non-lending rewards for institutions via Anchorage custody. PYUSD supply grew 60%, now 6th largest USD stablecoin, expanding on Solana, Ethereum.…
The DoJ commended Tether’s support in recovering funds linked to fraud. Scammers disguised as romance partners to steal from unsuspecting victims. Tether supported the FBI…
Russia launches two crypto exchanges in St. Petersburg and Moscow. The exchanges focus on supporting foreign economic activity (FEA). The country has taken the initiative…
Tokenized assets hit $10.9B, driven by private credit and U.S. Treasuries demand. $BUIDL fund’s growth attracts major institutions, boosting tokenized Treasury interest. OpenEden's Moody’s "A"…