Tether has launched Tether Gold, XAUt, on BNB Chain, expanding access to its tokenized bullion product as traders continue looking for ways to hold and trade gold inside crypto markets. The rollout adds XAUt to one of the industry’s biggest exchange ecosystems and comes the same day Binance said it would list the token for spot trading against pairs including USDT, BTC, USDC, TRY, and U. The launch lands after a wild stretch for gold. Bullion ripped higher in January as geopolitical tensions pushed investors into safe-haven trades, with spot…
Month: March 2026
Euro Stablecoins Take Lead in Non-Dollar Market, Visa Report Says
Euro-denominated stablecoins make up more than 80% of the non-US dollar stablecoin market, which Dune says has grown to about $1.2 billion in total supply, according to a report commissioned by Visa. Dune said euro stablecoins accounted for 85% of transfer volume in the non-US dollar stablecoin market, with Circle’s EURC (EURC) emerging as the dominant euro token in the segment. The report pointed to growing euro stablecoin use across payment infrastructure, while Visa and Mastercard have separately expanded settlement support for EURC in parts of their networks. Dune said…
Coinbase Launches Crypto Mortgage Product Tied to Fannie Mae
Crypto exchange Coinbase Global has launched a mortgage structure with Better Home & Finance that lets qualified borrowers pledge digital assets held in Coinbase accounts to fund down payments on standard conforming mortgages designed in accordance with Fannie Mae guidelines. According to Coinbase, the structure enables borrowers to pledge digital assets such as Bitcoin (BTC) or USDC (USDC) as collateral for a separate loan used to fund the down payment, while the primary mortgage remains a standard, Fannie Mae–backed loan. Better will originate and service the mortgages. When rolled out,…
Is Bitcoin’s Governance Too Slow To Fend off Quantum Risks?
The race to make blockchains quantum-resistant is shaping into a test of governance, and decentralized networks may be at a disadvantage. Quantum upgrades don’t stop at protocol-level changes. For major networks, they require wallet-level migration across millions of users, making coordination the bottleneck. “The hard part is not changing the node itself, it’s having the wallets do the same,” said Yoon Auh, founder of BOLT Technologies, adding that each asset holder would need to migrate and do so in a coordinated way. “If you go talk to Bitcoin or Ethereum,…
‘Active Treasury’ is a dangerous misnomer that must not be ignored
Opinion by: Abdul Rafay Gadit, co-founder at Zignaly and ZIGChain Digital asset treasury companies (DATCOs) are facing a classification problem that the market can no longer ignore. DATCOs were built to hold crypto. Increasingly, they’re being forced to decide whether they want to own assets or operate the systems those assets run on. Index providers are now openly debating whether these businesses still resemble operating companies or whether they function more like investment vehicles. Recently, we saw MSCI’s note that it would keep “digital asset treasury companies” in its…
Brazil enacts new law to convert seized crypto into public funds
Brazilian President Luiz Inácio Lula da Silva signed Law No. 15,358, which gives judges the authority to freeze, seize, and forfeit crypto and other assets connected to criminal organizations. The law, also known as the Legal Framework for Combating Organized Crime or the Raul Jungmann Law, allows courts to take these measures during investigations, even without a criminal conviction, and includes provisions to turn seized assets into public funds while blocking suspects from maintaining control over them. “With this law, we have the chance to catch those responsible for the…
XRP Risks 50% Crash as Goldman Sachs ETF Exposure Fails to Lift Price
XRP (XRP) traded at $1.37 after a 3.5% decline in the last 24 hours, shrugging off Goldman Sachs’ disclosure of exposure to spot XRP exchange-traded funds (ETFs). While this highlights long-term institutional confidence, it comes amid fragile risk sentiment and a typical breakdown from a bearish setup. Key takeaways: Goldman Sachs disclosed $152.17 million in spot XRP ETF holdings across four funds, making it the largest institutional holder in this segment. XRP maintains its bear pennant breakdown setup targeting $0.72. Goldman Sachs discloses $152 million exposure to XRP ETFs Goldman…
Bitcoin Shows No ‘Outright Stress’ at $70,000, Analysis Says
Bitcoin lost its grip on $70,000 amid inflation and recession talk as analysis suggested that BTC price action lacked “outright stress.” Bitcoin (BTC) daily losses approached 3% at Thursday’s Wall Street open as markets stayed on edge over fresh Iran tensions. Key points: Bitcoin slips from $70,000 as markets continue to observe Iran developments. Inflation and recession worries grow louder with no clear end to the conflict in sight. Bitcoin analysis avoids an outright bearish appraisal of BTC price action. Bitcoin wobbles as US inflation fears increase Data from TradingView…
Coinbase-Backed Crypto Advocacy Organization Unveils 2026 Election Plan
Stand With Crypto (SWC), the advocacy organization launched by cryptocurrency exchange Coinbase, said that its strategy for turning out crypto-minded voters in the 2026 US midterm elections will prioritize races in Ohio and Pennsylvania. In a Thursday announcement, SWC said its November 2026 battleground races would include industry-supported candidates in Iowa, Nevada, New York, North Carolina, Ohio, and Pennsylvania, where “crypto voters represent a meaningful and potentially decisive share of the electorate.” The advocacy group added that its priority for the midterms would be in Ohio’s 9th Congressional District and…
MARA Sells $1.1B in Bitcoin to Cut Debt by 30%
MARA Holdings sold more than $1 billion of Bitcoin in March to repurchase convertible debt at a discount, using its BTC holdings to reduce leverage, the company said Thursday. In a US Securities and Exchange Commission filing, the largest listed US Bitcoin miner said it would buy back about $1 billion of zero-coupon convertible notes due 2030 and 2031 for roughly $913 million in cash, capturing about $88 million in savings, or close to a 9% discount to par. The company said it sold 15,133 Bitcoin (BTC) for around $1.1…