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Asianet Newsable on MSNCrypto Traders Appear To Be Shifting From USDT To USDC As US Prepares to Enact Stablecoin LawBlockchain data from Glassnode showed that on-chain value transferred using USDT dropped 20% in the last 24 hours, while USDC ...
Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.
Tether issues 2 billion USDT, sparking concerns amid U.S. regulatory threats like the GENIUS Act. Will tighter audits impact ...
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Cryptopolitan on MSNXRP sustains rally with $1.38B 24-hour volume, leading Coinbase tradingXRP has surged to a 24-hour trading volume of $1.38 billion on Coinbase, briefly claiming the top position by volume on the ...
Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...
After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...
A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.
GENIUS Act targets Tether's opaque reserves, pushing the $156 billion giant to comply or exit the U.S. market.
Experts say the legislation could unleash a tidal wave of new stablecoins—and fresh complaints about President Trump's crypto ...
However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...
3h
Intelligencer on MSNCongress Just Injected Crypto Directly Into the Most Stable Part of the EconomyThere would be a great irony if cryptocurrency — which was created in 2008 to provide an alternative to the mainstream financial system that had just failed — led to another economic crash. But that ...
The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...
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