Senate Report Says Tether Enables Iran to Sidestep Sanctions
A Senate Democratic report alleges that Tether’s USDT is a primary tool for Iran to evade international sanctions.
Topic
Every story we have filed on Stablecoins.
34 stories
A Senate Democratic report alleges that Tether’s USDT is a primary tool for Iran to evade international sanctions.
Coinbase now powers Citi’s Spring platform, letting firms receive stablecoin payments and automatically turn fiat deposits into digital assets.
Tether says it helped authorities seize roughly $550 million in Iran-linked USDT this year amid a Senate probe into the stablecoin’s role in sanctions evasion.
New BIS data show that while USDT issuance rose through 2024, the share held in smart-contract accounts on Ethereum and Tron fell, questioning the link…
Citi and Coinbase are creating a joint platform that lets corporate clients move between fiat and stablecoins without separate systems.
Citi’s institutional customers can now accept stablecoin payments through Coinbase, which handles conversion to fiat and settlement.
Hong Kong-based stablecoin payments firm RedotPay finished required financial and compliance audits while insisting its U.S. IPO remains on schedule.
A sharp price jump in the JPYC stablecoin prompted South Korea’s FSC to consider formal market-making provisions.
BIX plans to extend its stablecoin-backed Visa card from 29 to 49 states in the next six to eight months, pending regulatory clearances.
Vitalik Buterin outlines a proof-driven, off-chain Ethereum for 2030 while Asia-Pacific stablecoins like RLUSD gain regulatory traction.
An $84 million forfeiture tied to Capstone and EQIBank highlights uncertainty about Tether’s ability to use those assets for USDT redemption.
The Circle Foundation is financing UN projects to test regulated stablecoins as a faster, cheaper way to deliver humanitarian assistance.
Ripple’s CEO reiterated that XRP can serve as a bridge currency, but the firm’s infrastructure already supports multiple stablecoins for cross-border…
Tether says its holdings with EQIBank represent less than 0.034% of its total assets, capping exposure at roughly $64 million.
After the $388 million Bitget hack, the attacker moved roughly $83 million in XRP, while Ripple cannot block the token’s transfer.
Binance’s new investment and partnership with Circle has accelerated USDC adoption, challenging Tether’s dominance in the dollar-stablecoin market.
Tether’s $115 billion of U.S. Treasury bills makes the stablecoin issuer a key private buyer of American short-term debt.
The Fed’s draft rule introduces an hourly crisis clock that may require stablecoin issuers to liquidate reserves within two days of a reserve shortfall.
S. regulators to launch a series of crypto-focused rules, shifting the industry’s hopes from Congress to agencies.
Tetra Digital Group announced the September 23 rollout of its CAD-backed stablecoin CADD on the Solana blockchain.