Tether Faces Suit Over $42.4M USDT Freeze
Two Thai businessmen sued Tether over a $42.4 million USDT freeze, alleging the wallets were blacklisted months before a seizure warrant.
Two Thai businessmen sued Tether over a $42.4 million USDT freeze, alleging the wallets were blacklisted months before a seizure warrant.
Stablecoins are reshaping cross-border payments by enabling faster, real-time settlement, forcing a redesign of legacy banking infrastructure.
Tether CEO Paolo Ardoino posted a cow GIF, confirming a 70% stake in agribusiness Adecoagro, whose stock rose nearly 6%.
OpenPay has switched its cash-in feature back on, and PI remains above $0.091 after gaining 10% in August. The $0.1000–$0.1022 zone is key resistance.
BIS chief warns stablecoins may raise borrowing costs as banks adopt digital assets, risking higher loan expenses.
ECB's Isabel Schnabel argued at Jackson Hole that the euro should be issued on a blockchain, and stablecoins cannot replace central bank money for settlement.
Sberbank plans to accept Bitcoin, Ether, and USDT as loan collateral, pending central bank approval. Crypto payments remain banned in Russia.
Stablecoin firm Circle will appear on Chelsea’s shirts for one season, ending a four-year sponsorship gap. The logo debuts Sunday against Brighton.
Crypto and stablecoins are on the official agenda for the 2026 Jackson Hole symposium, a first for the event.
The OCC approved a stablecoin bank tied to Trump, with a 49% Abu Dhabi stake and $4.1B coin market value.