LUGANO, Switzerland — Tether, the crypto company behind the world’s largest stablecoin, USDT USDT$1.0001, is planning fresh investments to bring its U.S.-focused U.S. dollar stablecoin to a 100 million American user base, Tether CEO Paolo Ardoino said in an interview on Friday. The USAT token, designed specifically for the U.S. market to comply with federal
According to The Block, Ripple (XRP), Coinbase, Tether (USDT), Gemini co-founders Cameron and Tyler Winklevoss and other major cryptocurrency firms donated to the construction of US President Donald Trump’s new White House ballroom. These companies, major cryptocurrency companies, were reportedly included in the list of sponsors of the Trump administration’s “White House Ballroom” project. Other
Crypto exchange Crypto.com has filed a national trust bank charter application with the Office of the Currency Comptroller (OCC), the firm announced on Friday. The application puts the firm on a growing list of crypto companies—like USDC issuer Circle, crypto exchange Coinbase, and Bridge, the stablecoin arm of private payments company Stripe—which have also sought
Former Strategy CEO Michael Saylor has already reacted to JPMorgan’s sudden cryptocurrency U-turn. “Don’t wait until your banker tells you to buy Bitcoin,” Saylor said on the social media network. JPMorgan legitimizing crypto Earlier today, Bloomberg reported that JPMorgan would allow its institutional clients to use the two leading cryptocurrencies as collateral for accessing liquidity.
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors rebound another 1-2%; BTC at $111,000 Trump pardons CZ; brief bounce in BNB eco tokens JPMorgan to allow
The sports industry is in a state of shock following the arrest of more than 30 people involved with the National Basketball Association (NBA). The investigation, described as “mind-boggling” by the FBI Director Kash Patel, has spanned 11 states and involves millions of dollars allegedly made through illegal betting and game rigging during the 2023–2024
The Bank for International Settlements (BIS) warned about the risks of stablecoin yield products. The addition of yield blurs the line between payment tools and investments, the organization warned. The Bank for International Settlements (BIS) issued warnings on the expansion of stablecoin yield products. The organization noted the current trend of stablecoin adoption, but warned
Industry experts are reportedly calling for Hong Kong and mainland China regulators to collaborate more on advancing the crypto sector within the two regions. Summary Industry leaders at the Global Blockchain Summit in Shanghai emphasized the need for greater collaboration between Hong Kong and mainland China, which could significantly advance Asia’s crypto and fintech sectors.
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3686.33, up 2.1% (+75.87) since 4 p.m. ET on Thursday. Nineteen of 20 assets are trading higher. Leaders: BCH (+4.0%) and HBAR (+3.5%). Laggards: APT (-0.8%) and BTC (+1.0%).