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 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
🚀 JPMorgan files trademark for "JPMD"—potential stablecoin? Filing mentions "payment tokens" & "blockchain currency" as GENIUS Act nears passage.
#Stablecoins #Crypto #JPMorgan
🚀 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
🔍 **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
Trump-linked USD1 stablecoin volume surges 10x post-Binance listing—BNB Chain boosts utility as WLFI pushes meme coin integration. But 93% supply held by 3 wallets raises centralization fears.
#Stablecoins #USD1
🚀 Retail giants Amazon & Walmart eye stablecoin push to slash payment fees—but face GENIUS Act hurdles. Could disrupt Visa/Mastercard dominance if regulators allow.
#Stablecoins #Crypto #Payments
Wirex expands to the US, enabling stablecoin payments via Visa Cards at 80M merchants. Supported by Bridge, the app allows non-custodial wallet transactions.
#Wirex #Stablecoins #Crypto #Web3
🚨 Kyrgyzstan's ruble-backed stablecoin
#A7A5 moves $9.3B in 4 months—despite $156M market cap. Tied to Russian sanctions evasion via shadow exchange Grinex. US/EU scrutiny likely incoming.
#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
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
🚀 TRON dominates USDT transfers: $694B moved in May (59% from $1M+ whale tx). USDT supply up 36% to $79B in 6 months—positioning for $2T stablecoin market by 2028.
#TRON #Stablecoins #Crypto
🔵 Circle files for US national trust bank charter—positioning
#USDC as America's compliant stablecoin ahead of GENIUS Act. Could challenge
#USDT's 62.5% dominance as regulation reshapes market.
#Stablecoins #DeFi
🚨BREAKING: US Senate could pass GENIUS Act (stablecoin bill) by Wednesday. Key amendments include $10B state/federal split, 1:1 reserves, & foreign stablecoin limits. Next stop: House.
#Crypto #Stablecoins
🇪🇺 EU may ease
#MiCA stablecoin rules—allowing global/EU token interchangeability. ECB pushes back, favoring digital euro CBDC instead. Crypto industry relief vs. central bank resistance.
#Stablecoins
