Latest News
Stablecoins Hit $322B as Real Use Grows
Stablecoins reached $322B, surpassing FX reserves of 95 nations as real-world use grows across trading, payments, settlement and tokenized finance.
Plasma Hits No. 7 in TVL After Tether Integration
Plasma surged to No. 7 in blockchain TVL at about $2B after Tether added wallet support, giving the new chain instant USDT liquidity and payments traction.
Tether Backs Drift Recovery With $127.5M
Tether pledged up to $127.5M to recapitalize Drift after its April 1 exploit, anchoring the exchange's recovery plan and shifting settlement to USDT.
Tether Backs Drift With $127.5M Recovery Plan
Tether will fund up to $127.5M of Drift's $150M recovery plan after April's $270M exploit, with user repayments tied to the DEX relaunch and trading.
Tether Launches Self Custody Wallet for USDT
Tether launched tether.wallet, a self-custody app for USDT, Bitcoin, and Tether Gold, expanding from stablecoin issuer into consumer payments.
Tether Launches Wallet for Bitcoin and Stablecoins
Tether launched a self-custodial wallet for Bitcoin, USDT and other tokens, moving beyond infrastructure to compete directly in consumer crypto payments.
Bitcoin and Dollar Have a Symbiotic Bond: BPI
BPI argues Bitcoin and the dollar are more allies than rivals, as BTC trading, custody and settlement still run mostly through dollar rails.
Stablecoin Supply Hits $315B as USDC Gains
Stablecoin supply hit a record $315B in Q1, with USDC gaining market share as Tether lost ground, signaling shifting institutional flows.
XRP Unlikely to Crack Crypto's Big Three
XRP has regained attention, but its $80B-$85B market cap and large supply leave it far behind Bitcoin, Tether and Ethereum.
Ripple Cuts RLUSD Supply by $128M in Q1 Close
Ripple burned 128M RLUSD on March 31 in five quarter-end transactions, reflecting stablecoin redemptions and routine supply management, not distress.
Stablecoin Market Grows as USDT Lags
Stablecoin market added $7B in March, but USDT barely grew while USDC hit new highs, signaling cautious trader positioning over broad risk-on sentiment.
Anchorage Becomes First US Regulated Bank to Add Tron
Anchorage Digital is adding Tron custody to its platform and Porto wallet, with TRC-20 stablecoin support and staking phased in, first US chartered crypto bank.
Revolut Moves $1.2B Stablecoins on Polygon, Data Shows
BSCN says Revolut processed $1.2B+ in stablecoin transfers on Polygon, its default rails, with fees claimed 426x cheaper than Ethereum and 4x vs Solana today.
Tether $20B Raise Paused as First Full Audit Looms
Tether has paused a reported $15B-$20B fundraise at a $500B valuation as it awaits its first full Big Four audit, per Bloomberg, originally due end-2025.
Tether Taps Big Four for First Full USDT Audit
Tether says it hired a Big Four firm for its first full independent audit of USDT reserves and finances, a major step beyond attestations, as USDT tops $184B.
Ethereum Stablecoin Surge Boosts AI Settlement Layer
Ethereum's stablecoin pool jumped ~$7B in a month, leading $2.3B daily inflows, deepening DeFi liquidity and positioning ETH as a key AI payment rail.
Crypto News Summary March 18
March 18 crypto recap: Bitcoin chops in the mid-$70Ks while defending $68K support; Zcash volume surges and U.S. regulators hint at relief as rules shift.
Tether Whale Sends $500M USDT to Binance, Raising Fresh Concerns Over Liquidity Concentration
Yesterday, a whale deposited ~$500M USDT to Binance, sparking concerns over stablecoin liquidity concentrating on top exchanges and systemic market risk.
Lido Debuts EarnUSD: A ‘Hands-Off’ Stablecoin Yield Vault to Grow Beyond ETH
Lido launched EarnUSD on March 12, a hands-off USDC/USDT yield vault that auto-routes funds across DeFi strategies, expanding beyond ETH staking for users.
South Korea floats plan to bar USDT and USDC from corporate trading desks
South Korea's FSC is drafting rules for corporate crypto desks that would bar USDT and USDC, limiting dollar stablecoins in big trades, not a retail ban.