Polygon taps TRON’s $94 billion stablecoin supply for seamless cross-border transfers
Polygon said businesses can also move the world’s largest stablecoin USDT between TRON and EVM networks without connecting to a wallet provider, bridge or…
Conduit sues Tether over allegedly freezing $2.8M without explanation
The lawsuit alleged that Tether froze USDt funds in a Conduit wallet tied to an investigation launched by Brazilian authorities in 2024. Source:Cointelegraph
Crypto traders are in risk-on mode as bitcoin dominance nears return to 60%
Bitcoin dominance is closing in on 60% while USDT's has slipped to 6.3%, pointing to a market growing more comfortable with risk. Source:CoinDesk
Tether's USDT is 'coming home' to Bitcoin this month over a decade after debut there
A Tetherbacked project, Utexo, plans to support private USDT transfers, direct swaps between BTC and USDT and loans backed by BTC, while keeping most…
Binance Pay lets visitors spend USDT at PayPay merchants in Japan
Binance Pay will let overseas users spend USDT at most PayPaysupported merchants in Japan through HIVEX, while stores receive yen. Source:Cointelegraph
Tether says it helped freeze $550M in Iran-linked USDT this year
The disclosure came as Senate Democratic investigators alleged USDT had become a key part of Iran’s shadow banking network. Source:Cointelegraph
Tether is a ‘lifeline’ for Iranian regime, Senate Dems say in new report
Democrats on the Senate's Permanent Subcommittee on Intelligence published a report alleging that USDT had become a key tool for the Iranian government.…
Bitget resumes Bitcoin withdrawals as hacker swaps ETH via THORChain
Ether withdrawals are scheduled to return Tuesday and USDt on Wednesday as Bitget restores services following last week’s $388 million hack.…
Crypto-friendly institution Franklin Templeton brings its tokenized collateral service to Bybit
Franklin Templeton’s tokenized money market shares can be used as collateral for USDT or USDC trading credit lines on Bybit while earning yield on the…
Circle and Tether step in to freeze hacker wallet after massive Bitget crypto heist
The stablecoin issuer blacklisted a wallet holding about $318,000 in USDT and USDC. Most of the stolen funds sit in ether, which can't be frozen.…
Crypto Long & Short: Inside the chain settling $150 billion of stablecoins a week
Tron launched as a contentdistribution project and has become the settlement layer for a large share of the world's USDT, processing roughly $150 billion to…
USDT payments feature in Polish energy giant’s failed $230M oil deal: FT
Tether’s USDT stablecoin was part of a failed oil trade that reportedly cost a Polish energy giant $230 million in late 2023. Source:Cointelegraph