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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

Users affected by the $285 million Drift Protocol exploit could theoretically wait between 737.5 years and 983.3 years to be fully repaid if the protocol continues generating revenue at its current post-hack pace, according to a new analysis. What Happened The research, published by Cryptonary on Tu

Circle (USDC) reported a 263% jump in stablecoin on-chain volume to $21.5 trillion for the first quarter on Monday, even as net income slipped 15%. Circle Q1 Volume Record The stablecoin issuer posted total revenue and reserve income of $694 million, a 20% rise from a year earlier, according to its