US banks are reportedly scrambling to stall a stablecoin bill before a May 14 Senate Banking Committee vote, turning a long-running fight over digital dollars into another ugly brawl between legacy finance and crypto-native rails. The pressure is building ahead of the May 14 Senate Banking Committee vote. May 14 Senate Banking Committee vote Stablecoin […]
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Tether has sharply increased its USDT wallet freezes, blacklisting more than $500 million across Tron and Ethereum in just 30 days. If anyone still thinks stablecoins are untouchable digital cash, that fantasy just took another hit. Over $514 million in USDT frozen across 370 addresses Tron took the brunt, with 328 frozen addresses Ethereum saw […]
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Tether has frozen more than $514 million in USDT over the past 30 days, pushing its 2025 blacklist total to $1.26 billion across 4,163 addresses. That’s a pretty loud reminder that centralized stablecoins are not neutral money pipes — they’re controlled rails with a built-in off switch. $514M+ USDT frozen in 30 days 4,163 addresses […]
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Tether has posted a chunky $1.04 billion profit for Q1 2026, while its reserve buffer hit a record $8.23 billion — a reminder that USDT is now far more than crypto plumbing; it’s a serious financial power player with regulators breathing down its neck. $1.04 billion net profit in Q1 2026 $8.23 billion record excess […]
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Tether reported a hefty $1.04 billion in Q1 2026 profit while USDT circulation stayed near record highs, backed by a reserve stack that leans heavily on U.S. Treasuries, physical gold, and bitcoin. $1.04 billion in Q1 net profit $183 billion in USDT-related liabilities $141 billion in direct and indirect U.S. Treasury exposure $20 billion in […]
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The U.S. says it has seized nearly $500 million in Iranian-linked crypto assets, escalating a sanctions campaign that now reaches deep into stablecoins, shipping, oil, and shadow banking. The biggest confirmed chunk: $344 million in Tether’s USDT. Nearly $500 million in Iranian-linked crypto assets seized $344 million of that was frozen in USDT Operation Economic […]
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Senators Elizabeth Warren and Ron Wyden are pressing Tether and Commerce Secretary Howard Lutnick over a reported loan tied to a trust benefiting his children, raising fresh questions about conflict of interest, crypto regulation, and whether Washington is once again getting a little too comfortable with money that should be under a microscope. Probe launched: […]
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The U.S. says it has seized and frozen nearly $500 million in Iranian crypto-linked assets as part of a wider sanctions push that is hammering Tehran’s banks, oil trade, and shadow financial network. Nearly $500 million in Iranian crypto assets reportedly seized Operation Economic Fury targets crypto, banks, property, oil, and shipping Scott Bessent: “We […]
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Stablecoins are no longer just a remittance hack for sending dollars across borders. New data, corporate adoption, and the Tether-vs-Circle fight in DeFi show they’re becoming real financial infrastructure. Stablecoins are shifting from cross-border remittances to everyday payments Tether and Circle are fighting for DeFi, settlement, and trust Meta, Western Union, and regulators are pushing […]
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Tether is moving deeper into Bitcoin’s industrial side, teaming up with Canaan and ACME Swisstech to build modular Bitcoin mining infrastructure. It’s a pragmatic play with big implications: more flexible deployment, better energy use, and a louder reminder that Tether wants to be more than just the company behind USDT. Partnership: Tether, Canaan, and ACME […]
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