Tether Freezes $344 Million in USDT as Treasury Links Wallets to Iran
Tether froze $344 million in USDT on Tron at U.S. request, and Treasury Secretary Bessent tied the sanctioned wallets to Iran amid the Hormuz standoff.
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Stablecoins
Circle and Coinbase Shares Slide as Clarity Act Draft Targets Stablecoin Yield
A revised Senate Clarity Act draft would ban rewards on passive stablecoin balances, sending Circle down nearly 20% and Coinbase sharply lower.
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Tether Launches USAT, a U.S.-Regulated Stablecoin Issued by Anchorage Digital
Tether has launched USAT, a dollar stablecoin issued by Anchorage Digital Bank under the GENIUS Act, setting up a direct challenge to Circle’s USDC in the U.S.
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