Sen. Richard Blumenthal sent Cantor Fitzgerald a 13-item request for records on its Tether business arrangement

Overview Debates Related claims Topics Sources

Cc9f267dcClaimNews event

World Liberty Financial and BitGo collaborated to freeze $27 million in USD1 stablecoins and $2 million in WLFI tokens tied to the Binance hack

Cc9f267dcNews eventClaim

Robinhood integrated TJAR as its launch partner to convert trading fees collected via the Uniswap API into USDC and USDG stablecoins

Cc9f267dcClaimNews event

Peer announced a beta service allowing users to buy and sell USDC with Chinese yuan payments settled through Alipay

Cc9f267dcClaimNews event

Conduit sued Tether in the US District Court for the Southern District of New York, alleging Tether froze $2.76 million of its USDT and has refused to release it or explain the freeze

Cc9f267dcNews eventClaim

Sen. Richard Blumenthal sent Tether CEO Paolo Ardoino a letter demanding payment records, crypto wallet addresses and lobbying communications over the company's dealings with Bo Hines and his consulting firm Nxum

Cc9f267dcClaimNews event

Tether blacklisted USDT wallets linked to CoinDCX outflows, freezing about $2.2 million, after CoinDCX acknowledged losses from a failed process for securing deposits to retired addresses

Cc9f267dcNews eventClaim

Tether signed a memorandum of understanding with the National Bank of Kazakhstan and the Alatau City Authority to prepare a pilot proposal for a tenge-pegged stablecoin and an asset tokenization framework

Cc9f267dcClaimNews event

Tether CEO Paolo Ardoino said the company had frozen more than $1.567 billion in USDT linked to the suspected hack of Binance's hot wallets

Cc9f267dcClaimNews event

OKX launched a stand-alone app that lets users convert more than 50 local currencies into U.S. dollar-backed stablecoins

Cc9f267dcNews eventClaim

Tether announced it had participated in EFY Finance's seed funding round

Founded in 2023, RedotPay serves over 9 million customers and employs approximately 280 people worldwide while issuing physical and virtual cards for stablecoin transactions.

Paymentscan data showed RedotPay ranked first among 30 tracked stablecoin payment card programs in October 2026, generating $410.5 million in monthly spending volume.

Hong Kong-based crypto payments company RedotPay is considering submitting a confidential U.S. initial public offering regulatory filing by the end of 2026.

PhotonPay closed a $40 million Series C funding round led by Blockchain Capital to scale its stablecoin-centric platform.

Centralized exchanges and derivative venues accounted for 42% of total DeFi and financial sector blockchain revenue in 2026, while stablecoin reserve income and yields generated 29%.

Coinbase and Circle generated approximately $3.3 billion in combined blockchain-related revenue during the first half of 2026.

Stablecoin issuers Tether and Circle froze over $1.57 billion in USDT and more than $800 million in USDC respectively following the October 29, 2026 Binance exploit.

Peer reported that 45 buyers completed 107 transactions totaling approximately $7,094 during its Alipay service test between August 21, 2026, and late October 2026.

Curve Finance's StableSwap protocol concentrates liquidity around expected exchange rates to enable lower slippage when swapping assets pegged to the same currency.

Curve Finance plans to launch FXSwap on Stellar following a security audit to enable trading between assets with fluctuating relative values, such as stablecoins pegged to different fiat currencies.