Deals
US bank group taps Quant for tokenized deposits, but QNT’s role is left in doubt
The planned bank network has a software supplier and a 2027 target, but no disclosed formula for QNT purchases.
stablecoins
Latest stories
DeFi
USDT grew on Ethereum through 2024, but smart contract holdings stalled, BIS data show
Ethereum's historical contract-held share fell as issuance expanded, while Tron's hovered near 1% in the study.
Featured
Russia lets crypto exchanges apply October 5 – but even Bitcoin lacks final retail clearance
Applications can begin under the new rules, while firms still need Bank of Russia decisions and retail asset eligibility remains separate.
Trading
OKX US to sell USD trading bot positions if users miss Sept 30 deadline
Grid and Smart Portfolio holdings face automatic sales if affected bots remain on old USD pairs.
Price Watch
Bitcoin dips below $83,000 to start the week as Asia markets sell, extending last week’s retreat
The Asia-session quote crossed the lower edge of Friday's range while oil and Treasury yields rose in the wider market.
Stablecoins
Aave’s live stock-token loans expose USDC lenders to a weekend price gap
The Base hub permits up to $21 million in USDC borrowing against seven Coinbase stock tokens while their collateral feeds hold Friday's value through the weekend.
Stablecoins
An $84 million US asset seizure just sparked a massive question for Tether
Court records identify Capstone-held accounts, while Tether has not said whether its EQIBank exposure involves USDT reserves.
Featured
Bitget freezes XRP withdrawals as 27M stolen tokens move
XRP withdrawals remained disabled on Sept. 26, while Bitquery's dated trace shows tokens moving onward without a measured spot-market sale.
Stablecoins
Fed stablecoin proposal would make circulation a capital cost for supervised issuers
At $1 billion outstanding with no non-reserve revenue, the proposed operating-risk baseline would be $20 million before adjustments.
DeFi
EU faces September 30 clock to decide future of DeFi loans
Its MiCA review response points to crypto firms’ access routes while any new lending duties remain a future legislative choice.
Hacks
Swiss bank shields Bitget institutions while retail funds freeze
Sygnum offers bank-held trading collateral to institutional clients, while Bitget's withdrawal pause leaves ordinary balances dependent on its own controls and fund.
KYC
SEC’s Hester Peirce wants to end crypto’s KYC honeypots before stablecoin rules create more of them
Proposed GENIUS Act rules could require issuers to retain identifying records for five years despite a string of damaging data breaches.
