
USDT News Symbiosis Bridged USDT (Bahamut)
Last price update: 29 July
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VALR Launches xStocks, First Tokenized US Stock Trading Platform in Africa
Africa's largest crypto exchange, VALR, has launched xStocks, a tokenized equities product enabling African users to invest in US-listed companies....
Tether Reports $4.9 Billion Net Profit in Q2 and $4 Billion Investments
Tether International Ltd. reported a second-quarter net profit of $4.9 billion. Key financials include:
Reserves exceeded $162.5 billion against...

Alchemy Achieves 66% Reduction in Delay for Stablecoin Transactions
Stablecoins are set to become faster, with improvements in transaction speeds that could rival traditional finance systems like Visa and Mastercard....

Bolivia Signs Agreement with El Salvador for Crypto Policy Development
On July 30, Bolivia's central bank signed an agreement with El Salvador to develop a legal and technical framework for cryptocurrency adoption. This...
Stable Raises $28 Million for Tether-Focused Blockchain Development
Stable has raised $28 million in a seed round led by Bitfinex and Hack VC, with additional support from investors like Franklin Templeton and KuCoin...

Telegram Bans Major Scam Marketplaces Amid Surge in Illicit Crypto Activity
Telegram has banned major illicit marketplaces, Huione Guarantee and Xinbi Guarantee, which processed over $35 billion in USDT transactions. This...

Binance Introduces Discount Buy Feature for Targeted Asset Purchases
Binance has launched a new feature called Discount Buy, allowing investors to set purchase prices below current market rates. Key points...
ECB Warns U.S. Dollar Stablecoins May Undermine EU Monetary Control
Widespread adoption of U.S. dollar-denominated stablecoins in the EU may undermine the European Central Bank's (ECB) control over monetary policy,...

PayPal Launches 'Pay with Crypto' Service for US Merchants
PayPal launched "Pay with Crypto" on July 28, enabling merchants to accept payments in over 100 cryptocurrencies, including Bitcoin,...
PayPal Expands Crypto Payment Options for U.S. Merchants to Reduce Fees
PayPal is launching a service allowing U.S. merchants to accept over 100 cryptocurrencies, aimed at reducing cross-border fees. Key points include:
...

Binance Introduces RWUSD Product to Track Real-World Assets Performance
Binance has launched a new principal-protected Earn product called RWUSD, aimed at tracking Real-World Assets (RWA) like tokenized US Treasury...
Plasma Closes $373 Million Public Token Sale Exceeding Initial Target
Plasma, a stablecoin-focused blockchain, has completed its public token sale, raising $373 million, significantly exceeding its $50 million target.
...

MetaMask Partners with Aave to Enable Stablecoin Yield for Users
MetaMask has partnered with Aave to introduce a feature called Stablecoin Earn, enabling users to earn interest on stablecoins like USDC, USDT, and...

Whale Accumulates $123M in ETH, Sparking Retail Investor FOMO
Ethereum (ETH) is experiencing increased retail investor interest due to significant whale accumulation. Key points include:
A wallet...
Dogecoin Price Declines 2.33% Amid Bit Origin's $500 Million Treasury Announcement
Analysts suggest Dogecoin's price may rise despite a recent drop of 2.33%, now trading at $0.2312. Key events include:
Bit Origin, a...
Maple Finance's SYRUP Token Surges 23% Following Upbit Listing
Maple Finance's SYRUP token rose 23% to $0.65 following its listing on South Korea's Upbit exchange, which led to a liquidity boost and a 400%...
Tether Announces Development of QVAC Keyboard for Enhanced AI Functionality
Tether has announced the upcoming QVAC Keyboard, aimed at enhancing privacy and efficiency within its AI ecosystem. CEO Paolo Ardoino revealed this...
Tether Partners with Adecoagro for Renewable Energy Bitcoin Mining in Brazil
Tether is partnering with Adecoagro to explore renewable energy-powered bitcoin mining in Brazil. Key points include:
Adecoagro will provide...

U.S. DOJ Recovers $40,300 in Cryptocurrency from Trump-Vance Scam
U.S. federal prosecutors have recovered $40,300 in cryptocurrency related to a scam involving the Trump-Vance inaugural committee. The scam utilized...
JD.com and Ant Group Lobby for Yuan Stablecoin in Hong Kong
JD.com and Ant Group are seeking authorization from the People's Bank of China for a yuan-based stablecoin in Hong Kong to decrease dependence on US...
Ethereum Reaches Three-Week High of $2,600 Amid Bullish Sentiment
Ethereum (ETH) reached a three-week high of $2,600 following a notable spike. This increase is linked to a company's consideration of ETH as a...

NY Court Approves Celsius to Continue $4.3B Lawsuit Against Tether
A New York bankruptcy court has allowed Celsius to continue its $4 billion lawsuit against stablecoin issuer Tether. Key points from the case...

Judge Permits Celsius Network to Continue $4 Billion Lawsuit Against Tether
A U.S. court has allowed Celsius Network to proceed with its lawsuit against Tether, alleging breach of a lending agreement. Key points in Tether's...
TRON Records 0.6% Gain Amid 2.7% Crypto Market Decline
Over the last 24 hours, the broader crypto market saw a 2.7% decline in total market cap, while TRON (TRX) increased by 0.6%, reaching $0.2788....

Humanity Protocol (H) Surges Over 100% Following KuCoin Listing
Humanity Protocol (H) Surge
Humanity Protocol token (H) increased over 100% from a low of $0.02439 to a high of $0.05182 in 24 hours.
Current...
Stablecoins Handle $35 Trillion in Transactions Amid Regulatory Uncertainty
Stablecoins processed $35 trillion in on-chain transactions over the past year, with an average supply around $195 billion. These figures highlight...

EUR-Pegged Stablecoins Expected to Rise Amid U.S. Dollar Decline
Trump's presidency has negatively impacted the dollar, causing it to hit a three-year low against major currencies, with a 5% decline over six...

Asia's Banks Adopt Stablecoins to Combat Deposit Flight
Market Overview
Stablecoins are reshaping cross-border finance in Asia, with banks in Korea, Japan, and Hong Kong exploring local-currency...

Tether Aims for Active Role at Juventus After Increasing Stake to 10%
Tether, the issuer of the world's largest stablecoin USDT, holds over 10% of Juventus FC and aims to increase its involvement with the club.
...

FATF Reports Stablecoins Account for Majority of Illicit On-Chain Activity
Stablecoins now represent the majority of illicit on-chain activity, as reported by the Financial Action Task Force (FATF).
Mass adoption of...
