7 days ago
Tether Completes First Major Audit of Finances Behind USDT Stablecoin
Tether announces completion of its first full financial audit, conducted by KPMG, addressing concerns over its $180 billion USDT stablecoin reserves.
Tag: stablecoin
7 days ago
Tether Completes First Full Audit, Receives Unqualified Opinion from KPMG
Tether has received an unqualified opinion from KPMG after completing its first full financial audit, confirming a $6.814 billion reserve surplus for 2025.
1 week ago
BitGo Reports $4.3B in Q2 Revenue Amid $19M Loss
BitGo's Q2 revenue reached $4.3B with a net loss of $19M, reflecting swings in digital asset valuations and restructuring efforts.
1 week ago
Erebor Bank Achieves $9.5 Billion Valuation, Filling the Gap Left by Silvergate
Erebor Bank reached a $9.5 billion valuation in just six months, filling a crucial gap for crypto banking left by Silvergate's collapse.
1 week ago
Anchorpoint Introduces HKDAP Stablecoin for Institutional Users in Hong Kong
Anchorpoint has rolled out its HKDAP stablecoin for institutional clients in Hong Kong, focusing on cross-border payments and asset settlement.
1 week ago
Mysten Labs Unveils Tessera: A Confidential Settlement Prototype on Sui
Mysten Labs has launched Tessera, a confidential business-to-business settlement prototype on the Sui network that encrypts payment amounts.
2 weeks ago
Ripple Issues $10M RLUSD as XRP Whales Accumulate 380M Tokens
Ripple mints $10M RLUSD on XRP Ledger as XRP whales accumulate 380M tokens amid stablecoin market fluctuations.
2 weeks ago
JPYC Secures $38 Million Investment to Boost Stablecoin Growth in Japan
JPYC raises $38 million with backing from AZ-COM Maruwa to expand its stablecoin operations and payment services across Japan.
2 weeks ago
BlackRock’s New Tokenized Money Market Fund Achieves Top S&P Rating
BlackRock's new money market fund, BRSRV, has received an AAAm rating from S&P, ensuring principal stability and attracting interest from stablecoin issuers.
2 weeks ago
Yellow Card Secures $40 Million to Enhance Stablecoin Payment System
Yellow Card has attracted $40 million in funding to grow its stablecoin payment services and connect banks through blockchain technology.