Tether has surpassed 400 million users globally and envisages one billion users soon, according to its CEO.
Altcoins
Ripple and African fintech company Chipper Cash have announced a partnership aimed at streamlining cross-border payments in Africa.
Key Insights The State of Wyoming is set to launch a stablecoin in July as part of its Digital Assets Strategy. Governor Mark Gordon says the project’s benefits include a statutory requirement to overcollateralize the stable token’s backing with cash and U.S. Treasury bonds. Wyoming Joins American Companies like PayPal and Ripple in launching Stablecoins,…
Pump Fun, a Solana memecoin generator, has generated over $600M, creating new memecoins and attracting millions in revenue.
Fidelity Investments plans to launch a stablecoin, expanding into the US Treasury Market and joining the growing stablecoin sector.
The long-running legal battle between Ripple Labs and the U.S. SEC has reached a historic resolution. After years of litigation, the regulatory agency has agreed to drop its appeal, while Ripple will pay a $50 million fine significantly less than the original $125 million penalty. As part of the agreement, Ripple will drop its cross-appeal,…
Tether, the industry's largest stablecoin issuer, is set to hire the Big 4 to audit its reserves, ending longstanding criticisms of the company's lack of transparency. Tether CEO Paolo Ardoino said the audit was a top priority for the firm following suspicion raised by the company's colossal revenue. Tether has not disclosed which Big 4…
Cathie Wood, the CEO of Ark Investment Management, warns most memecoins would eventually become worthless. The CEO said his private investment firm would not invest in any of them following her conviction on the absence of a long-term use case for the crypto asset class. “ The combination of blockchain technology and artificial intelligence is…
Ripple CEO Brad Garlinghouse praises the Trump administration's crypto support, highlighting regulatory clarity, a Bitcoin reserve, and stablecoin innovation. Ripple CEO Brad Garlinghouse has praised the Trump administration’s approach to cryptocurrency, highlighting efforts toward regulatory clarity, a Bitcoin reserve, and stablecoin innovation backed by U.S. Treasuries. White House Signals Support for Crypto Industry Garlinghouse reflected…
Argentine prosecutor Eduardo Taiano has ordered the freezing of all LIBRA tokens linked to the ongoing investigation into the controversial meme coin, which was promoted by President Javier Milei before its collapse. The move aims to prevent asset obfuscation while authorities analyze potential financial misconduct. LIBRA Token Movements Under Scrutiny Taiano has requested a detailed…