Tether
U.S. Treasury Sanctions 5 People, 4 Entities Tied to Russian Money Laundering Group
One of the entities which helped Russian oligarchs evade U.S. sanctions is registered in Sheridan, Wyoming.

XRP Replaces Tether as 3rd-Largest Cryptocurrency While BTC Faces $384M Sell Wall
XRP has surged more than 20% in 24 hours, leapfrogging Tether's USDT.

Tether to Shutter Euro Stablecoin as Key MiCA Deadline Looms
The firm's decision comes as crypto companies in the EU prepare to comply with region-wide digital asset rules by the end of this year..

Stablecoins Hit Record $190B Market Cap, Surpassing Pre-Terra Crash Peak: CCData
Demand for stablecoins soared as investors poured capital into cryptos after Trump's election victory.

MicroStrategy Adds $5.4B of Bitcoin; Trump Taps Pro-Crypto Scott Bessent for Treasury Secretary
MicroStrategy has added another 55,500 BTC to their stack in the most recent bitcoin purchase. The company now holds nearly 387,000 BTC in total. Plus, Tether is reportedly in talks with Cantor Fitzgerald to support the firm's plan for a bitcoin lending program and president-elect Trump picks pro-crypto hedge fund manager Scott Bessent for Treasury Secretary. "CoinDesk Daily" host Christine Lee breaks down the biggest headlines in the crypto industry today.

Kraken, Tether-Backed Dutch Firm Rolls Out MiCA-Compliant Euro, U.S. Dollar Stablecoins
The issuance comes at a time when the European stablecoin market is poised for a shake-up as regulations for issuers will enter into full force by the end of this year.

Tether Unveils New Platform to Simplify Asset Tokenization for Businesses, Nation-States
The tokenization platform is part of Tether's ambition to diversify its business from its $126 billion USDT stablecoin.

Stablecoin Supply Expands by $5B Since U.S. Election as Investors Pile Into Crypto
Stablecoin exchange balances grew to a yearly high of $41 billion this week, providing dry powder to buy digital assets, one analyst noted.

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem.

New Global Dollar Stablecoin Backed by Robinhood, Kraken, Paxos and Other Crypto Heavies
The Global Dollar Network, whose participants will earn yield for helping foster adoption of USDG, also includes Anchorage Digital, Bullish, Galaxy Digital and Nuvei.

