Stablecoins
Ethena-backed suiUSDe stablecoin goes live on Sui with $10 million yield vault launch
The synthetic dollar debuts on Sui Mainnet alongside a permissionless vault seeded by SUI Group and integration with DeepBook’s new margin system.
Crypto's banker adversaries didn't want to deal in latest White House meeting on bill
The White House had instructed crypto executives and bankers to come ready to compromise, but bankers maintained their call for a ban on stablecoin yields.
Tether's gold stash tops $23 billion as buying outpaces nation states, Jefferies says
The Wall Street investment bank estimates the crypto firm holds at least 148 tonnes of physical gold holdings, joining top 30 global holders of bullion.
China expands crypto crackdown to stablecoins, asset tokenization
The set of new rules reaffirm China’s hardline stance on crypto and impose restrictions on tokenized real-world assets and overseas issuance of yuan stablecoins.
Tether buys $150 million stake in Gold.com to boost tokenized gold distribution
The companies plan to expand global access to tokenized gold and allow the buying of bullion with Tether's stablecoins.
Tether invests $100 million in U.S. crypto bank Anchorage, valued at $4.2 billion
Anchorage Digital is the firm issuing Tether's USAT stablecoin, designed for the U.S. market.
Brazil moves to ban algorithmic and other stablecoins like Ethena’s USDe
New legislation requires all stablecoins to be fully backed by reserve assets and introduces penalties for issuing unbacked, algorithmic or other stablecoins.
Spanish lender BBVA joins EU banks' stablecoin venture to challenge digital dollars
The $800 billion-asset bank is the 12th to join Amsterdam-based Qivalis, which aims to introduce a euro-pegged token this year.
Tether scales back $20 billion funding ambitions after investor resistance: FT
Advisers are now discussing a smaller fundraising of roughly $5 billion, as prospective backers question both the size of the deal and Tether’s lofty valuation.
CoinDesk Research: U.S. leads institutional crypto, Asia rules trading ahead of Consensus Miami
Asia leads across key crypto metrics, but the U.S. is building the institutional engine for the next adoption wave as Latin America shows real-world utility can scale.
