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Open USD is not being viewed by market experts as just another dollar-backed stablecoin. The larger threat, they say, is that OUSD gives major payment firms, exchanges, custodians and asset managers a direct economic reason to distribute it. Open Standard, a consortium backed by more than 140 compan

Europe's transitional window for crypto licensing closes Jul. 1, pushing most unlicensed exchanges off the EU market as Tether's USDT (USDT) loses its last regulated foothold. Key Points: MiCA's transition period ends Jul. 1 with no extensions across all 27 EU member states. Only about 194 crypto fi

Tether (USDT) briefly overtook Ethereum (ETH) in market value for the first time in nearly eight years, though Ethereum has since reclaimed second place. Key Points: USDT slipped past Ethereum in market cap before Ethereum recovered the No. 2 ranking. Investors are pulling capital from risk assets a

Stablecoin supply pushed to a record above $323 billion this quarter just as the share of staked Ether reached its own peak near 30%. Stablecoin Supply Tops $323B The total value of all stablecoins climbed past $323 billion in mid-May, a fresh all-time high confirmed by CoinGecko data. Supply reache

Tether International has acquired SoftBank's entire stake in Twenty One Capital, ending the Japanese investor's role in the Bitcoin (BTC) treasury firm. Tether Consolidates XXI Control The stablecoin issuer disclosed the transaction on Wednesday, with SoftBank's representatives resigning from the Tw