Galaxy targets institutional stablecoin yield with new DeFi vaults
The crypto financial services firm launched Galaxy Curator, a Morphobased platform that gives Fireblocks' 2,400 institutional clients access to onchain yield…
Hyundai completes USDT treasury settlement pilot between US and Mexico
Hyundai completed a proofofconcept using Tether's USDT to settle a crossborder treasury transfer between its US and Mexican subsidiaries, highlighting growing…
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition…
Former Tether CIO seeks to sell stake in stablecoin issuer, Bloomberg reports
The reported transaction comes as Tether maintains it has no plans to go public, even as other crypto companies pursue or delay IPOs. Source：Cointelegraph
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source：CoinDesk
Europe is rewriting its landmark crypto rulebook MiCA as hard July 1 deadline passes
The EU is reviewing whether its landmark crypto regulation MiCA needs updating for a market reshaped by stablecoins and tokenization. Source：CoinDesk
French banking giant Crédit Agricole launches EURXT euro stablecoin
Crédit Agricole’s CACEIS launches a europegged stablecoin on Ethereum with 20.02 million tokens issued, targeting institutional flows and tokenized fund…
Financial companies join forces for US dollar stablecoin, keeping reserve earnings
The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two…
MetaMask launches stablecoin yield account with card spending
MetaMask launches Money Account it says offers up to 4% variable APY on mUSD stablecoin balances and card spending, with DeFipowered yield via vaults,…
Tether putting $23 billion gold stockpile to work with bullion-backed loans
The stablecoin issuer is extending its tokenized gold strategy by allowing holders of XAUT to borrow against their bullion, mirroring bitcoinbacked lending…
Tether stablecoin flips Ether by market cap as ETH routs to $1.5K
Ether prices are currently back at crucial longterm support levels last visited in October 2023 and April 2025. Source：Cointelegraph