USDT — Tether burned 2 billion USDT.

Confirmed burn volume: 2,000,000,000 USDT.

#USDT

Bitwise: The implementation of stablecoins will expand thanks to "very large" technology companies.

#USDT #USDC #BITWISE

USDT USDC

The Bank for International Settlements (BIS) has called for closer global coordination on stablecoins.

According to the BIS, tokens denominated in U.S. dollars could significantly impact financial stability and economic policy if they grow to sizes where they begin to compete with traditional money.

The concern involves potential risks at the economic scale and the need for coordinated international rules.

#USDT #USDC

USDT and USDC—according to an analyst from Moody's, these stablecoins do not pose a threat to banks in the near term.

The expert notes that current market and regulatory conditions do not create an immediate risk impact on the banking system.

In short: stablecoins are under observation, but are not currently considered a systemic threat to banks.

#USDT #USDC

Tether (USDT) launched tether.wallet.

Briefly: a new address initiative/domain under the Tether brand has appeared — tether.wallet.

Monitoring developments — this could impact the USDT ecosystem and the convenience of interacting with the asset.

#USDT

The cryptocurrency card market reached $600 million per month.

The monthly volume of the crypto card market is $600 million.

USDC ↗️ strengthens against USDT

Briefly: growth in card volume and strengthening of USDC positions against USDT.

#MARKET #USDT #USDC

U.S. authorities are preparing new rules.

They will require stablecoin issuers, such as USDT and USDC, to have the ability to freeze and block suspicious transactions.

Companies will be required to independently monitor potential money laundering and sanctions evasion attempts—or regulators will be able to intervene directly.

What do you think about this? 🤔

#USDT #USDC #USA

U.S. authorities are preparing new rules.

They will require stablecoin issuers, such as USDT and USDC, to have the ability to freeze and block suspicious transactions.

Companies will be required to independently monitor potential money laundering and sanctions evasion attempts—or regulators will be able to intervene directly.

What do you think about this? 🤔

#USDT #USDC #USA

U.S. authorities are preparing new rules.

They will require stablecoin issuers, such as USDT and USDC, to have the ability to freeze and block suspicious transactions.

Companies will be required to independently monitor potential money laundering and sanctions evasion attempts—or regulators will be able to intervene directly.

What do you think about this? 🤔

#USDT #USDC #USA