Indian crypto demand pushes USDT to ₹102.88, 9% above dollar peg
The premium has blown past the usual 3–4% band, with India’s enforcement agency widening the squeeze after a recent action rattled market makers sourcing USDT offshore.
Stablecoin issuance, market share, depegs, and reserve backing across USDT, USDC, DAI, and other major stablecoins.
The premium has blown past the usual 3–4% band, with India’s enforcement agency widening the squeeze after a recent action rattled market makers sourcing USDT offshore.
The licensing count matters less than the cliff behind it: from July 1, any crypto venue serving EU clients without a MiCA license is operating illegally, and five member states have not issued a…
The UK's final regime lands lighter than the 2023 draft on the regulated-activity perimeter but harder on issuer capital, with a stablecoin issuance cap and a designated supervisor handed to the FCA.
The Oct. 25, 2027 regime is the first time UK crypto venues, custodians and stablecoin issuers operate under a single prudential and conduct rulebook, putting Britain alongside the EU's MiCA on…
Two years after BlockFi, Celsius and Genesis imploded, Wall Street is back in the BTC credit game. The lending market has doubled, U.S.
The call from the largest US bank by assets is a structural endorsement of tokenized rails as infrastructure, not as a crypto trade, and reframes the policy debate around who builds the next…
Two senior bank leaders told Washington the US needs a market-structure framework, arguing that any stablecoin allowed to pay holders yield effectively rebuilds the deposit base outside the…
SVB says BTC credit has emerged from the 2022 collapse with overcollateralization, transparency and bank capital behind it, with $67B in crypto-backed loans and a path to lower rates.
The endorsement from the largest US bank by assets narrows the political path for a digital-asset framework, while CEO Jamie Dimon's vow to fight yield provisions down to the wire keeps the fight…
A federal rulebook makes tokens legal in all fifty states; it does nothing to stop a cash-strapped state from layering its own transaction tax on top, and Illinois just put a $60M-a-year price tag on…
The world's largest custodian now lets institutions convert dollars into USDC and back from inside BNY wallets, a structural on-ramp for the same pension and treasury desks that already park cash at…
The transfer is small in market terms, but the signal is large: a sovereign nation converting seized stablecoins into a managed reserve is the kind of precedent other capitals will be asked to…
The wind-down is gradual and the custody floor is preserved, but the signal is structural: any venue that wants European retail flow from here has to carry a MiCAR-authorized entity, not a…
Strategy stayed on the sidelines last week while two ETH-focused treasuries added 66,280 ETH between them, a signal that the institutional bid is rotating, not retreating, with stablecoin supply…
Seventeen deals in six months matches Tether's entire 2025 tally, with $750M concentrated in three bets: Replit, Whop, and Gold.com.
The world's largest custody bank now lets institutions hold, mint and redeem Circle's USDC through a single regulated platform, formalising the bridge between Wall Street balance sheets and…
Kyiv just executed its first-ever seizure-to-state handoff of crypto, and the route the funds took into ARMA mirrors how Washington funds its own strategic reserve: criminal cases, not market buys.
The Aladdin endorsement slots Ethena into the operating layer US asset managers already use to move trillions, not just onto their watchlist.
The premium is a real-time gauge of India's chronic dollar-on-ramp shortage: the usual 3-4% spread just doubled as market makers stepped back after the ED raided six Bengaluru payment firms.
The pause marks a tactical pivot: with $1.15B raised but no fresh coins added, Strategy is signaling capital flexibility over accumulation, even as its 847,363 BTC stack sits untouched.