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Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools


Tether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data. Analysts say the drop may reflect investors moving back into fiat, weaker speculative demand, and changing incentives across the stablecoin market. Tether Sheds $870M in 11 Days...

Binance Launches Lite Loan With No Liquidation for 30 Days


Binance has launched a 30-day bitcoin-backed loan offering up to 1,000 USDT, with no price-triggered liquidation during the initial term. A promotional 0.5% service fee remains available through Sept. 3. Binance Targets Smaller Borrowers With Fixed 30-Day Product On Aug. 4, Binance announced Lite...

Stablecoin Supply Sheds $15 Billion in Biggest Drop Since Terra


The stablecoin market cracked this summer, shedding roughly $14.56 billion after new federal rules wiped out interest payments on digital dollars. Moves like this tend to flush out yield-driven capital first, leaving traders scrambling to reposition. Data collected by defillama.com over the past...

CEO Arrested Over Alleged Crypto-Funded Contract Killing


Federal prosecutors allege the chief executive of a cross-border currency exchange business converted $750,000 into cryptocurrency for undercover agents before arranging payments tied to an alleged murder-for-hire plot. Authorities also claim the executive sent 25,000 USDT as part of the final...

USDT Issuer Tether Hits $1.5B Q2 Profit, Hoards 98,932 Bitcoin


The largest stablecoin company reported a $446 million market capitalization increase despite a general market slowdown in Q2. While most of USDT’s collateral is still comprised of U.S. Treasury bills, the company grew its gold stash by 14 tons of physical gold, with a net revenue of $1.5...

Tether Data Pushes AI Off the Cloud With New 460M Parameter Vision Model


Tether Data has open-sourced a 460-million-parameter vision-language model built to run directly on smartphones instead of relying on cloud servers. Released Wednesday by the company’s AI research arm, QVAC, VisionPsy-Nano can examine images, documents, and charts, then answer questions without...

Drake Loses $1.5 Million Bet as Spain Beats Argentina in World Cup Final


Canadian rapper Drake lost a 1.5 million tether (USDT) wager on Argentina after Spain won the 2026 FIFA World Cup final 1-0 on Sunday, sealing the latest chapter in a betting saga that has cost the artist millions. How the Bet Died The rapper had placed the wager through crypto casino Stake at +245...

Drake Drops $1.5M USDT Bet on Argentina Despite Spain’s World Cup Edge


Rap superstar Drake has placed a $1.5 million bet in USDT on Argentina to beat Spain in Sunday’s FIFA World Cup final, a wager that could pay out roughly $5.175 million if Lionel Messi’s team wins in regulation or extra time. The rapper placed the bet through Stake, the crypto betting...

Tether Backs Argentine Neobank Ualá With a $20 Million Strategic Investment


The investment was part of a large $197 million funding round that valued Ualá at $3.2 billion in March. No operational integration will follow this capital injection, as Ualá recognizes the regulatory hurdles to bringing these assets to Latam markets as a banking institution. Tether Intensifies...

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