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.

Cryptocurrencies, blockchains, and the broader on-chain economy.

Tokens pegged to stable value, usually the US dollar, spanning issuers and reserves, depegs, and adoption by banks and payment networks.

Supply, adoption, and competitive dynamics of fiat-pegged tokens, tracking issuers like Tether and Circle and the payment and trading flows they power.