Stablecoin banking startup Kast secured fresh funding as it looks to expand payment infrastructure across North America, Latin America and the Middle East.
Tether News

What is Tether? The Tether definition is fairly simple. Tether (USDT) is a stablecoin cryptocurrency, with each token aimed at tracking the value of 1 U.S. dollar. Assets pegged to the value of national currencies (fiat currencies) are called stablecoins. Participants can sell other cryptocurrencies for USDT to protect against volatility while maintaining the ability to send the asset to personal wallets or storage. Ethereum, as well as other blockchains, host USDT.
Trading a Bitcoin/Tether, or BTC/USDT, pair is an option on some crypto exchanges or platforms. Cointelegraph’s Tether Price Index shows various data on the asset, including its market cap, along with its price, which should remain close in value to the U.S. dollar.
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Despite a rise in crypto fundraising, Messari’s Eric Turner noted that no major crypto VCs have closed rounds except Dragonfly recently, stating that crypto “needs some fresh capital.”
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Stablecoin monthly transaction volume reached a record $1.8 trillion in February, as USDC surprised analysts with 70% of the total volume.
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Demand is surging for tokenized precious metals that offer more accessibility than their traditional counterparts, with investors seeking 24/7 safe-haven asset availability.
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Supermarket chain Spar now accepts ADA payments at 137 stores in Switzerland as crypto payment options expand in the country.
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How investigators tracked $61 million in crypto tied to romance scams across wallets using blockchain forensics and stablecoin freezes.
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Messari said weekly stablecoin inflows rose 414% to $1.7 billion as debate over yield-bearing stablecoins continued to stall US crypto market structure talks.
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The stablecoin issuer led a $50 million funding round for Eight Sleep as the companies explore AI-driven health monitoring and sleep optimization.
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Big Four firm Deloitte attested to $17.6 million in reserves backing USAt, Tether’s new US-regulated stablecoin issued by Anchorage Digital Bank.
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A February report claimed that Tether had frozen about $4.2 billion worth of its USDt stablecoin allegedly connected to illicit activities since 2023.
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Tether blocked billions in USDt tied to scams and laundering cases as authorities increasingly rely on stablecoin issuers to halt suspicious funds.
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The $61 million USDT seizure in North Carolina shows how US authorities can trace and freeze stablecoin flows tied to pig butchering scams, as AI‑driven impersonation schemes surge.
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The Tether-backed crypto payments app is expanding beyond retail spending with wallet-based off-ramps into domestic banking rails.
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Standard Chartered slashed its forecast for T-bill demand from stablecoins to $800 billion to $1 trillion by 2028, but maintained its $2 trillion stablecoin market call.
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Tether’s USDT is nearing its largest monthly supply drop since the collapse of FTX, with whales and smart money traders continuing to reduce their USDT holdings.
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