Tether boosts US Treasury holdings by $3B amid YoY profit drop
The company reported $1 billion in quarterly profits, down year-on-year amid stable Treasury yields and Bitcoin correction.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.
Sources say Ripple did not rule out making another approach but is undecided at this stage.
PayPal avoids regulatory pitfalls as the SEC concludes its PYUSD inquiry without action.
Bo Hines also highlighted a three-phase policy roadmap consisting off reversing rules hostile to crypto, approving new legislation, and implementing it.
Trump family-backed stablecoin USD1 surpasses $1 billion market cap on BNB amid surging demand.
Circle's FSRA approval in Abu Dhabi sets stage for significant USDC expansion across the Middle East and Africa.
Long argued that the Fed's unchanged policy creates an unfair advantage for major banks seeking to issue private stablecoins.