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Stablecoin Market Hits Fever Pitch With $290 Billion in Play This Week


According to the latest stablecoin figures from defillama.com, the market is edging closer to the $290 billion threshold, with a current valuation of $289.40 billion. From Tether to Paypal: Stablecoins Battle for Billions This week’s snapshot of fiat-pegged tokens via defillama.com shows the sector...

From USDT to USAT: Tether Maps a Stateside Playbook


Tether plans a new chapter in dollar-linked tokens, unveiling USAT—a planned U.S.-regulated, dollar-backed stablecoin—and naming Bo Hines as CEO-designate of Tether USAT. Tether’s Next Act: A U.S.-Regulated Dollar Token Called USAT Framed as a U.S. product from day one, USAT will target businesses...

Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela


The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude payments, allowing the Venezuelan government to supply the local foreign currency market directly. Venezuela Leverages USDT to Receive Crude Sale...

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