Tether Freezes $344 Million in USDT Stablecoins Flagged for Illicit Activity
In brief Tether froze $344 million in USDT across two Tron blockchain addresses after U.S. authorities flagged them. The freeze was coordinated with the Office...
Tag : stablecoins
Tether freezes $344M USDt stablecoins at US law enforcement request
The stablecoin issuer cited “activity tied to unlawful conduct” but no further explanation for the freezing of the dollar-pegged tokens held in two wallet addresses....
Coinbase Launches Agentic.market, a Discovery Layer Where AI Agents Buy and Sell Services With Stablecoins
Coinbase CEO Brian Armstrong announced Monday the launch of Agentic.market, a marketplace platform for Coinbase AI agents that allows autonomous software agents to discover, compare,...
DoorDash to Pay Delivery Workers in Stablecoins via Stripe's Tempo Blockchain
In brief DoorDash will use Tempo, Stripe’s payments and stablecoin-focused blockchain, to pay workers and merchants in 40+ countries. The firm believes stablecoins can reduce...
UK plans payments rule changes for stablecoins, tokenized deposits
The United Kingdom is revisiting its payments rulebook to support the adoption of new fintech and payment technologies such as stablecoins and tokenization. In a...
Bank of Korea's New Governor Prioritizes CBDCs Over Stablecoins in First Policy Address
In brief New Bank of Korea Governor Shin Hyun-song emphasized central bank digital currencies and bank-issued deposit tokens in his first policy address. The governor...
BIS warns dollar stablecoins could strain banks and policy
The Bank for International Settlements (BIS) general manager, Pablo Hernández de Cos, called for tighter global coordination on stablecoins Monday, warning that US dollar-denominated tokens...
Stablecoins not a threat to banks in the near-term: Moody's analyst
The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and...
Stablecoins behave like FX markets as liquidity splits: Eco CEO
Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity....
French finance minister backs euro-pegged stablecoins to compete with US
Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which...