Tag: Tether

A U.S. court has sentenced Chinese national Jingliang Su to 46 months in prison for his role in laundering more than $36.9 million stolen from 174 American victims in a “digital asset investment” scam run from scam centers in Cambodia. The laundering trail, as described by U.S. authorities, ran through U.S. shell structures, a single Bahamas bank account, and a conversion step into Tether (USDT)—a familiar “cash-out rail” in global crypto fraud.

In 2025, stablecoins moved from “crypto plumbing” to payment infrastructure. On-chain transaction value hit record highs, and banks/fintechs began piloting stablecoin settlement. Regulators also moved: MiCA’s EU stablecoin regime began applying in 2024 and 2025 was the first full year of implementation, while the U.S. GENIUS Act set a federal framework.

Tether’s CEO Paolo Ardoino says the stablecoin giant runs at a 99% profit margin and could earn $15B in 2025, outpacing Wall Street titans. We explain how a low-cost issuance model plus T-bill yields create extraordinary margins—while transparency and regulatory history keep the compliance risk dial turned up.

A law enforcement raid targeting Northern Data AG, a Frankfurt-listed technology firm backed by Tether Holdings SA, occurred in late September 2025. The operation was led by German prosecutors and involved multiple European agencies, with a focus on Northern Data’s offices and related facilities. Here is our report.

Spot gold’s surge to fresh all-time highs above $3,800/oz has pulled tokenized gold to ~$2.9B market cap, with Tether’s XAUT and Paxos’ PAXG each clearing $3.2B in September trading volume. PAXG drew $40M net inflows; XAUT’s climb came from price, not new mints. Compliance under EU MiCA looms large.

Despite announcing strategic investments from industry giants Tether and Kraken, StablR's stablecoin issuance has not only failed to grow but has actually declined during Q3 2025 - the same quarter Kraken announced its investment. This counterintuitive outcome reveals critical structural challenges facing small stablecoin issuers and provides a template for analyzing similar operations across the sector.

StablR Ltd, a Malta-regulated Electronic Money Institution (EMI), operates within a highly challenging business environment for small stablecoin issuers. With stablecoin issuance stagnating at approximately €11 million for both EUR and USD tokens, the company faces fundamental structural challenges that raise serious questions about its long-term viability and the broader sustainability of small-scale stablecoin operations.

Why this matters now: Stablecoin giant Tether says Anchorage Digital Bank, N.A will issue its new U.S.-regulated, GENIUS-compliant stablecoin USA₮. — the only U.S. national (OCC-chartered) crypto bank. This positions Anchorage at the center of on-shore stablecoin issuance just as U.S. policy (GENIUS Act) and institutional demand converge.

Tether has announced the upcoming launch of USA₮, a new stablecoin specifically designed to comply with the recently enacted GENIUS Act, representing a decisive move to align with U.S. regulatory standards for stablecoin issuance. Tether remains the dominant player in the global stablecoin market through its flagship product, USDT.

Stablecoins now clear almost a trillion dollars every 30 days—within 15 % of Visa’s monthly payment flow and already bigger than Mastercard’s. We show why “crypto cash legs” are capturing settlement share and map three scenarios for whether blockchains, not new currencies, upend legacy rails.

A $245 billion stablecoin market is now parking over $127 billion in U.S. Treasury bills—enough to nudge money-market yields and regulators’ pulse. We dissect the new GENIUS and MiCA rulebooks, and the fire-sale risk if Tether or USDC holders all hit “redeem” at once.

On 21 July 2025 StablR announced a “strategic investment” from U.S. exchange Kraken. The press release touts €‑stablecoin EURR and $‑stablecoin USDR “live on 50+ exchanges, 150+ pairs” and claims US $3 billion in 2025 volume so far. Kraken’s VP of Product Mark Greenberg calls the deal a “next wave of crypto adoption.”