Usdt

Cash App is expanding its digital asset reach through MoonPay, giving eligible U.S. users access to tokens beyond bitcoin and USDC. The move opens purchases of assets including ether, solana, XRP and USDT while allowing users to fund popular crypto wallets with Cash App balances.

Tether said KPMG U.S. completed a full financial audit of Tether International and issued an unqualified opinion on its 2025 financial statements. The stablecoin issuer said the review showed reserves exceeded liabilities by $6.814 billion and included a physical inspection of its gold bars.

Jupiter has introduced Lend v2 on Solana, allowing selected deposits and borrowed positions to function as trading liquidity while still participating in lending markets. The design may raise yields or reduce borrowing costs, but it also introduces uneven depeg risk for collateral providers.

Coinsbuy lost $8.07 million in a coordinated attack spanning TRON and Ethereum, with onchain activity tying the movements to a single operation. The exchange says the incident has been contained and all affected amounts were covered from company reserves.

Tether is expanding its real-world asset tokenization business into Saudi Arabia through a partnership focused on institutional real estate. The initiative gives the USDT issuer a foothold in a market pursuing financial modernization under Vision 2030.

The S&P 500 has climbed 3.12% this month, adding about $2.1 trillion in market value while Bitcoin is up just 2% near $64,600. Market participants point to an AI-heavy equity rally, crypto-specific pressures, unstable ETF demand and four-year cycle positioning as reasons for the gap.

Coinbase, Visa and Mastercard executives are presenting Open USD as an added stablecoin network rather than a replacement for USDC. The messaging follows a sharp Circle stock selloff after investors initially viewed the more than 140-partner consortium as a direct threat to the $72 billion USDC ecosystem.

Bitcoin markets are showing little visible panic despite a cluster of pressure points, including weak institutional flows, stablecoin contraction and regulatory uncertainty. The drop in BVIV to 36% suggests calm for now, though technical traders are watching for a potential volatility rebound.

Spark has shelved its consumer app indefinitely and is positioning itself as a backend liquidity layer for fintechs, exchanges and stablecoin issuers. The pivot comes as stablecoin markets splinter across competing tokens and networks, creating demand for infrastructure that can connect fragmented liquidity.

Tether reported $1.5 billion in net operating profit for the second quarter of 2026, supported by returns from U.S. Treasury and repurchase agreement holdings. The USDT issuer also expanded its gold and bitcoin reserves, even as the value of those holdings declined alongside weaker gold and bitcoin prices used in its attestation.

Binance has launched European style options tied to gold and silver through its ADGM regulated Nest Exchange, with settlement in USDT. The move follows strong demand for its metals perpetual futures, including peak daily volumes of $7.77 billion for gold and $7.27 billion for silver.

Allbridge Core has halted operations after a flash loan exploit drained roughly $1.65 million from its Solana liquidity pools. The incident centered on a $1.12 million Kamino flash loan used to manipulate USDC and USDT pool ratios before funds were bridged away.

The GENIUS Act has reached its first anniversary with federal regulators still behind on implementing stablecoin rules. Tether’s USDT now faces a critical compliance window that could shape whether it remains available on U.S. crypto platforms.

A potential Stripe acquisition of PayPal is stirring debate across fintech and crypto over who controls the rails behind consumer payments. Market participants say the biggest prize may be PayPal’s wallet reach, merchant network and stablecoin distribution rather than any single token.

Stripe has offered to acquire PayPal in a $53 billion proposal backed by Advent International, setting up a potential blockbuster payments deal. The approach comes as both companies push deeper into stablecoins and blockchain-linked payment infrastructure.

Bolivia is evaluating whether Tether’s USDT can be incorporated into its national payments system alongside the boliviano and the U.S. dollar. The review follows a sharp rise in crypto activity after the central bank removed restrictions in June 2024.

Stablecoin supply has retreated from its May peak, with June marking the largest dollar decline since the Terra-Luna collapse. Market participants say the drop is meaningful for crypto liquidity, though still modest compared with the 2022 bear-market contraction.

Hyundai has moved live treasury funds between subsidiaries using USDT on Avalanche, marking a notable step for corporate stablecoin adoption in South Korea. The project cut transfer times to about seven minutes from the three to four hours typically required through traditional banking networks.

Ethereum’s rebound has reached a decisive technical area around its 50-day moving average, where sellers have repeatedly emerged. Bitcoin, meanwhile, remains below its realised value as liquidity signals and institutional custody developments shape the broader crypto backdrop.

Circle has received final approval from the U.S. Office of the Comptroller of the Currency to establish Circle National Trust, a federally supervised national trust bank. The move strengthens the USDC issuer’s position in regulated digital asset custody as more crypto firms pursue federal banking approvals.

Bitcoin’s July recovery is facing scrutiny after a six-day winning streak gave way to renewed pressure. Weak U.S. demand signals, spot ETF outflows and rising global bond yields are keeping traders cautious despite a more constructive seasonal backdrop.

Circle’s USDC widened its lead over Tether’s USDT in adjusted stablecoin transaction volume during the first half of 2026. Visa data showed monthly stablecoin activity reached a record $1.79 trillion in June as banks expanded digital currency settlement services.

Tether’s USDT stablecoin is trading at an unusually high premium on Indian crypto exchanges, with some market participants seeing prices well above the usual one-dollar peg. Executives at CoinDCX and CoinSwitch say the gap is being driven by demand and supply imbalances, not exchange pricing tactics or hidden fees.

Uniswap and Spark are teaming up to create shared liquidity infrastructure for stablecoins, a move aimed at making digital dollar trading more efficient. The initiative begins with a $150 million liquidity migration supporting USDS, USDT and PYUSD.