Usdt could be as legit as usd itself
The more I think about this, the more im sure that stablecoins with no fiat behind it are the future, and also poise a larger threat to central banks.
#USDT #tether #stablecoins
Tether eyes a $500B valuation in a $20B funding round as the stablecoin market cap surges past $275B, drawing major investors.
#Stablecoins
Tether amasses 80 tons of gold ($8B) in Swiss vault—less than 5% of USDT reserves. Still no audit, but gold hoard grows as metal hits record highs.
#Crypto #Stablecoins
Report claims Binance coded Trump-linked USD1 stablecoin—CZ denies but avoids specifics. $2B market cap USD1's ties to exchange remain murky amid pardon speculation.
#Crypto #Stablecoins
Europe's stablecoin adoption grows but USD dominance remains—99.8% of stablecoins are dollar-backed despite MiCA regulations pushing euro alternatives.
#Stablecoins #Crypto #MiCA
Stablecoin bill stalls as Senate Dems block GENIUS Act 49-48, citing weak safeguards. GOP slams "political games," while Tether backs updated draft expanding oversight. Crypto left in limbo.
#Stablecoins
🚀 Ripple's
#RLUSD stablecoin surges 47% in June—supply hits $455M with $390M on Ethereum. Regulatory wins (GENIUS Act, DFSA approval) & Ripple's legal clarity fuel growth.
#Stablecoins #Crypto
House GOP fails key vote, stalling Crypto Week bills including GENIUS Act. Internal divisions delay stablecoin regulation.
#Crypto #Politics #Stablecoins
Trump claims breakthrough on GENIUS Act after rallying Congress, aiming to regulate $238B stablecoin market. Vote expected soon.
#Crypto #Stablecoins #GENIUSAct
🔍 **WLFI co-founders sued over unpaid $2.5M hack debt** from failed Dough Finance project—despite now running a $2B+ stablecoin (USD1).
#Crypto #Stablecoins #WLFI
🚀 TRON to go public via $210M Nasdaq merger—TRX surges 10%. Network dominates stablecoin flows ($694B USDT in May) & earns $55M monthly revenue. Next target: $0.50?
#TRON #Crypto #Stablecoins
Goldman Sachs predicts stablecoin market will hit trillions—USDC to grow $77B by 2027. GENIUS Act mandates Treasury backing, could push to $2T.
#Stablecoins #Crypto
$4B floods stablecoins post-GENIUS Act. Christie’s launches crypto real estate arm. Korea halts Bitcoin ETF plans—regulatory caution persists. Injective tokenizes gaming equity.
#Crypto #Stablecoins
🚀 JPMorgan files trademark for "JPMD"—potential stablecoin? Filing mentions "payment tokens" & "blockchain currency" as GENIUS Act nears passage.
#Stablecoins #Crypto #JPMorgan
CFTC proposes allowing stablecoins as collateral for US derivatives markets, lowering entry barriers for retail traders.
#Stablecoins #DeFi
