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Tether Expands Commodity Lending with $1.5B in USDT and Cash Credits

Tether has deployed $1.5 billion in commodity trade lending, expanding from a stablecoin issuer to a key player in global...

Bitcoin’s Role in Crypto’s Push for Transparent Proof-of-Reserves Standards

Proof of reserves (PoR) in the cryptocurrency industry verifies that exchanges hold sufficient assets to cover customer deposits, enhancing transparency...

Aave Launches Zero-Fee Ramping for GHO Stablecoin in Europe via MiCA Approval

Aave has launched zero-fee on and off-ramping for its native stablecoin GHO and other stablecoins across its products in Europe, enabled by regulatory approval...

EU Considers Expanding ESMA Oversight for Crypto Providers Amid USDC Rise

The European Commission proposes granting the European Securities and Markets Authority (ESMA) direct supervisory powers over all crypto-asset service providers...

ARK Invest Resumes Circle Purchases as USDC Issuer’s Stock Dips Below $90

ARK Invest, led by Cathie Wood, has resumed purchasing Circle shares after a June sell-off, acquiring 542,269 shares worth $46...

Solana Price Dips on Market Pressure Despite Cash App USDC Milestone

Solana's price has dropped approximately 8% to around $143 amid broader market declines, despite Cash App's announcement of enabling Solana-powered...

BNY Launches GENIUS Act-Compliant Fund to Aid Stablecoin Issuers Like Tether

The Bank of New York Mellon (BNY Mellon) has introduced the BNY Dreyfus Stablecoin Reserves Fund, a money-market fund tailored...

BNY Mellon Launches Fund for US Stablecoin Reserves as USDT Leads Market Growth

BNY Mellon's new money market fund, aligned with the GENIUS Act, allows U.S. stablecoin issuers to hold regulated reserves in...

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