Fed guarantees 2-day stablecoin payouts, but $76B remains blocked
A Federal Reserve stablecoin proposal establishes a two-business-day cap on issuer redemptions, yet $76 billion remains blocked on centralized exchanges where users…
Tag: Tether
El Salvador targets $9 billion in transfers, but chooses stablecoins
El Salvador is increasingly adopting stablecoins for its multi-billion dollar remittance market through apps like Sivar, leveraging Coinbase infrastructure while maintaining its…
Tether claims $550 million in Iran freezes, but $35 million slipped past Senate
Tether reported freezing nearly $550 million in Iran-associated USDT, but a Senate subcommittee report claims delays in blacklisting wallets allowed tens of…
Russia lets crypto exchanges apply October 5 – but even Bitcoin lacks final retail clearance
Russia opens applications for cryptocurrency exchanges and digital depositories starting October 5 under new Bank of Russia guidelines, though retail crypto trading…