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Stablecoin issuer Tether has emerged as the world's seventh-largest buyer of United States Treasuries, surpassing established nations like Canada, Taiwan, and Mexico. The $143 billion company now holds more US government debt than numerous sovereign countries. Tether, which issues USDT, the world's

Bitcoin has plunged into bear market territory, shedding over 29% of its value since January as macroeconomic uncertainty and trade war fears rattle cryptocurrency and equity markets alike. The leading cryptocurrency currently trades at $83,500, having lost the critical 200-day moving average around

Stablecoins have surged past Ethereum in market capitalization, reaching $233 billion as cryptocurrency investors increasingly seek shelter from market turbulence. This milestone comes after eight consecutive weeks of declining prices across the broader crypto market. Data from CoinMarketCap shows s

Ripple's Chief Technology Officer David Schwartz has confirmed that the company's RLUSD stablecoin can be temporarily frozen or retrieved to comply with legal and regulatory requirements. His statement addresses concerns about the feasibility of implementing key provisions in the recently updated GE

Leading cryptocurrency exchange Binance has announced its decision to delist nine stablecoins in the European Economic Area (EEA) by March 31, as regulatory scrutiny heightens. The affected stablecoins do not adhere to the Markets in Crypto-Assets Regulation (MiCA) standards. According to an officia