Hodler

Wormhole Bridged USDT | USDT

$0.9998

Coin info

Rank
#27315
Market Cap
$0.00
Volume (24h)
$2,587,501
Circulating Supply
0
Total Supply
0

Rank
Market Cap
Volume (24h)
Circulating Supply
Total Supply

Do you think the price will rise or fall?

Rise 40%

Fall 60%

Price perfomance

$0.00

$∞

Range 24H

$∞

Depth of Market

Depth +2%

Depth -2%

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News

11 May 2026, 15:20
ABA Warns Clarity Act Could Fuel Bank Deposit Outflows to Stablecoins
BitcoinWorld ABA Warns Clarity Act Could Fuel Bank Deposit Outflows to Stablecoins The American Bankers Association (ABA) has raised a stark warning about the potential unintended consequences of the Clarity Act, a proposed U.S. legislative framework for payment stablecoins. In a recent open letter addressed to major bank CEOs, ABA President and CEO Rob Nichols argued that the bill, in its current form, could actively encourage a significant outflow of bank deposits into stablecoins, threatening both economic growth and financial stability. What the ABA Letter Says Nichols’s letter, which has circulated among top banking executives, outlines specific concerns that the Clarity Act does not adequately prevent crypto firms from offering interest-like rewards on stablecoin holdings. This, he warns, creates a regulatory asymmetry where stablecoins could function as de facto interest-bearing accounts without the same consumer protections, capital requirements, and oversight that traditional banks face. The ABA contends that such a dynamic would incentivize depositors to shift funds out of insured bank accounts into uninsured or lightly regulated stablecoin products. The Clarity Act, introduced in Congress earlier this year, aims to establish a federal regulatory framework for payment stablecoins — digital tokens designed to maintain a stable value, typically pegged to the U.S. dollar. Proponents argue the bill provides legal clarity for issuers and fosters innovation. However, the ABA’s intervention signals deepening concern from the traditional banking sector that the legislation, as drafted, could undermine the deposit base that underpins bank lending and the broader financial system. Broader Implications for the Banking Sector The ABA’s warning comes at a time when the stablecoin market has already grown to over $200 billion in circulating supply, with major issuers like Tether (USDT) and Circle (USDC) dominating the space. If the Clarity Act passes without amendments, the ABA fears a scenario where large technology or payments companies — not traditional banks — become the primary custodians of consumer savings, potentially concentrating systemic risk outside the regulated banking framework. Nichols specifically called for stronger regulations to prevent stablecoin issuers from offering yield-like incentives that mimic bank deposit accounts. The ABA is advocating for amendments that would impose stricter limits on such practices, ensuring a level playing field between banks and stablecoin issuers. The letter emphasizes that without these changes, the bill could inadvertently accelerate the very financial disintermediation it seeks to regulate. Why This Matters Now The debate over stablecoin regulation is not new, but the ABA’s direct appeal to bank CEOs — rather than solely to lawmakers — suggests a coordinated effort to mobilize the banking industry’s lobbying power. With the Clarity Act expected to face further committee hearings in the coming months, the ABA’s position could influence amendments that either tighten or loosen the regulatory leash on stablecoins. For consumers, the outcome of this legislative battle will determine whether stablecoins remain a niche digital asset or evolve into a mainstream payments tool that competes directly with traditional bank deposits. The ABA’s warning highlights a fundamental tension: how to foster innovation in digital payments without destabilizing the deposit-based banking model that has underpinned U.S. economic growth for decades. Conclusion The ABA’s open letter represents a significant pushback from the traditional banking sector against the Clarity Act’s current provisions. As the legislative process unfolds, the key question remains whether Congress will amend the bill to address the ABA’s concerns — or whether stablecoins will gain a regulatory green light that could reshape the landscape of U.S. retail banking. The outcome will have lasting implications for financial stability, consumer protection, and the future of money in America. FAQs Q1: What is the Clarity Act? The Clarity Act is a proposed U.S. federal law that aims to create a regulatory framework for payment stablecoins — digital tokens pegged to a stable asset like the U.S. dollar. It seeks to define issuer requirements, reserve standards, and consumer protections. Q2: Why is the ABA concerned about stablecoins? The ABA fears that stablecoins offering interest-like rewards could attract deposits away from traditional banks, reducing the deposit base that banks rely on for lending. This could threaten financial stability and economic growth. Q3: What changes does the ABA want to the Clarity Act? The ABA is calling for stronger regulations to prevent stablecoin issuers from offering yield-like incentives that mimic bank deposit accounts. It wants a level regulatory playing field between banks and crypto firms. This post ABA Warns Clarity Act Could Fuel Bank Deposit Outflows to Stablecoins first appeared on BitcoinWorld .
11 May 2026, 14:55
Tether Mints 1 Billion USDT, Marking One of the Largest Single-Day Issuances
BitcoinWorld Tether Mints 1 Billion USDT, Marking One of the Largest Single-Day Issuances Blockchain tracking service Whale Alert reported on Tuesday that 1 billion USDT has been minted at the Tether Treasury. The transaction, one of the largest single-day issuances in the stablecoin’s history, adds a significant amount of liquidity to the cryptocurrency ecosystem. Details of the Minting Event According to on-chain data, the Tether Treasury wallet created 1,000,000,000 USDT on the Ethereum network. While Tether has not issued an official statement regarding the specific purpose of this mint, the company has historically described such operations as inventory management. This replenishment allows Tether to meet potential future demand from exchanges, institutional investors, and DeFi protocols without delay. It is important to note that a minting event does not immediately mean the tokens are in circulation. Often, newly minted USDT is transferred to exchange wallets or market maker partners in subsequent transactions. The actual circulating supply increase may occur over several days or weeks. Market Context and Implications This minting comes at a time of moderate market volatility. Large stablecoin issuances are frequently interpreted by traders as a signal of incoming buying pressure, as institutions and whales often use USDT to enter positions quickly. However, correlation does not equal causation. The mint could simply be a proactive measure to ensure adequate supply. Historically, Tether has minted billions of USDT during periods of market recovery and heightened trading activity. For instance, similar large-scale mints preceded the bull runs in early 2021 and mid-2023. While past performance is not indicative of future results, the market often watches these events closely for clues about institutional sentiment. Impact on Stablecoin Supply Dynamics The total market capitalization of USDT currently stands at over $110 billion, making it the largest stablecoin by a wide margin. This new issuance represents roughly a 0.9% increase in the total supply. Competitors like USDC and DAI have also seen supply fluctuations, but Tether remains the dominant player in the market for on-chain dollar-pegged assets. For the broader crypto market, an expanding stablecoin supply generally indicates that capital is entering the ecosystem. It provides the fuel for trading, lending, and decentralized finance activity. A sustained increase in USDT supply often correlates with rising Bitcoin and altcoin prices, though other macroeconomic factors play a significant role. Conclusion The minting of 1 billion USDT is a notable on-chain event that signals Tether’s preparation for potential market demand. While the immediate market reaction has been neutral, the move adds to the growing stablecoin liquidity pool. Traders and analysts will monitor subsequent transfers to exchanges for further clues about upcoming market movements. As always, investors should treat such events as data points rather than direct trading signals. FAQs Q1: Does minting 1 billion USDT mean the price of Bitcoin will go up? Not necessarily. While large stablecoin mints can precede buying pressure, they are often inventory management moves. The market impact depends on where the tokens are sent and whether they are used for purchases. Q2: How does Tether mint new USDT? Tether creates new tokens through its Treasury wallet on supported blockchains like Ethereum, Tron, and Solana. Each token is backed by reserves held by Tether Limited, which includes cash, cash equivalents, and other assets. Q3: Is the newly minted USDT already in circulation? No. Minting creates the tokens, but they are not considered in circulation until they are transferred out of the Treasury wallet to exchanges or other entities. The circulating supply only increases after these distribution transactions occur. This post Tether Mints 1 Billion USDT, Marking One of the Largest Single-Day Issuances first appeared on BitcoinWorld .
11 May 2026, 13:09
Circle stock forecast: Revenue growth picks up pace as Arc raises $222M
Circle Internet stock jumped by over 4% in the premarket session after publishing an encouraging first-quarter earnings report, which demonstrated strong revenue growth. CRCL jumped to the important resistance level at $120, up sharply from the year-to-date low of $50. Circle stock jumps as revenue growth continued CRCL stock price has been in a tight range in the past few days. This consolidation may be the calm before the storm that may push it higher in the coming weeks as its revenue momentum continued. Financial results released on Monday showed that its stablecoin network growth expanded by 28% YoY to over $77 billion. At the same time, the volume of USDC transactions soared by 262% YoY to over $21.5 trillion. These metrics helped to propel its revenue substantially higher. Its revenue jumped by 20% to $694 million, helped by the ongoing stablecoin volume and higher interest rates. The company generated an EBITDA metric of $151 million at a margin of 53%. Additionally, the company’s Arc project has now raised $222 million at a fully diluted valuation (FDV) of $3 billion, with a16z being the lead investor. The others are companies like Apollo Global, BlackRock, Bullish, and Ark Invest. Circle’s goal is to make Arc the biggest layer-1 network focused on stablecoins in the industry. Its testnet metrics show that it has handled over 244 million transactions, with the number of unique addresses soaring to 1.6 million. Meanwhile, the company launched Circle Agent Stack, a platform that will enable agents to spend, earn, and coordinate within set rules. It will have agent wallets, agent nanopayments, and an agent marketplace. Stablecoin growth expected to accelerate The most bullish case for Circle stock is that stablecoin industry is still in its infancy despite the $320 billion locked in them. Recent data showed that the global stablecoin transaction value soared to $33 trillion last year, up by 72% from a year earlier. USDC leads in terms of volumes , despite its smaller valuation compared to Tether (USDT). At the same time, Citi estimates that the supply of stablecoins will jump to $3.8 trillion by 2030. Another estimate by Visa predicts that the number wil grow to $1.6 trillion by that period. USDC is well-positioned to dominate the industry at that time because it is the largest regulated name. As such, there is a likelihood that the company’s revenue will jump by 14.2% this year to $3.13 billion. It will then grow by 37% to $4.32 billion next year, and may hit $10 billion in the next few years. Circle stock will also benefit as the Senate Banking Committee conducts its CLARITY markup this week. This deal will make it easier for crypto exchanges to offer stablecoin yield to their clients. Circle Group stock price analysis CRCL stock chart | Source: TradingView Technicals suggest that the CRCL stock price may be about to explode higher in the coming months. It has formed a small double-bottom pattern at $86.23 and a neckline at $110. At the same time, it has settled above the 50-day Exponential Moving Average (EMA), which has provided it with the most support. Most notably, the stock seems to be about to start the third phase of the Elliot Wave pattern, which is usually the longest. Therefore, the most likely Circle share price forecast is bullish, with the next major resistance being at $136.18, its highest point in March. A move above that level will point to more gains towards $150. The post Circle stock forecast: Revenue growth picks up pace as Arc raises $222M appeared first on Invezz
11 May 2026, 11:05
Tether QVAC MedPsy-4B Beats Google Model at 7x Smaller Size
Tether's QVAC group released MedPsy, two on-device medical AI models scoring 62.62 and 70.54 on benchmark averages. Both outperform larger Google MedGemma models while running without cloud connectivity.
11 May 2026, 05:20
South Korea Police Intensify Crackdown on ‘Tether Laundromats’ Used by Criminal Gangs
BitcoinWorld South Korea Police Intensify Crackdown on ‘Tether Laundromats’ Used by Criminal Gangs South Korean police have announced a significant escalation in their efforts to dismantle so-called “Tether laundromats,” following a series of high-profile cases where criminal organizations used the dollar-pegged stablecoin Tether (USDT) to launder illicit funds. The National Office of Investigation confirmed it will bolster its virtual asset investigation capabilities to keep pace with increasingly sophisticated financial crimes. Police Strengthen Virtual Asset Investigation Units According to a report by The Korea Economic Daily , Park Seong-ju, head of the National Office of Investigation at the Korean National Police Agency, stated during a press conference in Seoul that authorities are preparing specialized training programs for virtual asset investigations. These programs will be developed in collaboration with key agencies, including the Financial Intelligence Unit (FIU). “While investigations have previously focused on major crimes such as fraud and drug offenses involving virtual assets, they will now invariably include tracing the laundering of criminal proceeds,” Park said. The move signals a broader shift in South Korea’s approach to crypto-related crime, moving from reactive casework to proactive financial forensics. What Are ‘Tether Laundromats’? The term “Tether laundromat” refers to a method used by criminal networks to convert illicit cash into USDT, often through unregistered or loosely regulated over-the-counter (OTC) brokers. Once converted, the stablecoin can be moved across borders quickly and with relative anonymity, bypassing traditional banking oversight. This has made USDT a preferred tool for money laundering in East Asia, particularly in jurisdictions with high crypto adoption but uneven regulatory enforcement. South Korean authorities have previously uncovered cases where drug trafficking rings and online fraud syndicates used Tether to move millions of dollars. The new directive aims to close the gaps that allow these transactions to go undetected. Why This Matters for the Crypto Industry South Korea is one of the world’s most active cryptocurrency markets, with a high proportion of retail traders and a sophisticated digital asset ecosystem. The police crackdown represents a growing global trend where law enforcement agencies are developing specialized skills to trace stablecoin transactions on public blockchains. Stablecoins like USDT, while designed for price stability, operate on transparent ledgers. However, tracing the flow of funds across multiple wallets and exchanges requires advanced analytical tools and cross-border cooperation. The new training programs are expected to give South Korean investigators the technical expertise needed to follow these digital trails. Conclusion The announcement signals a hardening of South Korea’s stance on crypto-related financial crime. By investing in specialized training and inter-agency cooperation, the police aim to disrupt the use of stablecoins for money laundering while maintaining the integrity of the broader virtual asset market. For investors and industry participants, the development underscores the increasing regulatory scrutiny on stablecoin usage worldwide. FAQs Q1: What exactly is a “Tether laundromat”? A: It is a term used by law enforcement to describe a method where criminals convert illegal cash into Tether (USDT) through unregulated brokers, then move the funds across borders using cryptocurrency networks to hide the origin of the money. Q2: Why is South Korea focusing on Tether specifically? A: Tether is the most widely used stablecoin and has been frequently linked to money laundering cases in East Asia. Its dollar peg and ease of transfer make it attractive for criminal networks seeking to bypass traditional banking controls. Q3: Will this crackdown affect ordinary crypto users in South Korea? A: The crackdown is aimed at criminal organizations and unregistered OTC brokers. Legitimate traders and exchanges that comply with existing regulations are unlikely to be directly affected, though enhanced monitoring may lead to stricter transaction reporting requirements. This post South Korea Police Intensify Crackdown on ‘Tether Laundromats’ Used by Criminal Gangs first appeared on BitcoinWorld .
11 May 2026, 05:05
Latam Insights: Venezuela’s Crypto Mining Ban, Tether’s $300M Lawsuit
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition, Venezuela upholds a crypto mining ban as power demand spikes, Tether sues Titan Holding in Brazil for $300 million, and stablecoins dominate Peru’s crypto market. Venezuela Upholds Crypto Mining Ban as Power Demand

Wormhole Bridged USDT | USDT

Coin info

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

Do you think the price will rise or fall?

Price perfomance

Depth of Market

Depth +2%

Depth -2%

We recommend

News

ABA Warns Clarity Act Could Fuel Bank Deposit Outflows to Stablecoins

Tether Mints 1 Billion USDT, Marking One of the Largest Single-Day Issuances

Circle stock forecast: Revenue growth picks up pace as Arc raises $222M

Tether QVAC MedPsy-4B Beats Google Model at 7x Smaller Size

South Korea Police Intensify Crackdown on ‘Tether Laundromats’ Used by Criminal Gangs

Latam Insights: Venezuela’s Crypto Mining Ban, Tether’s $300M Lawsuit

Top Markets

Wormhole Bridged USDT | USDT

Rank

Market Cap

Volume (24h)

Circulating Supply

Total Supply

ABA Warns Clarity Act Could Fuel Bank Deposit Outflows to Stablecoins

Tether Mints 1 Billion USDT, Marking One of the Largest Single-Day Issuances

Circle stock forecast: Revenue growth picks up pace as Arc raises $222M

Tether QVAC MedPsy-4B Beats Google Model at 7x Smaller Size

South Korea Police Intensify Crackdown on ‘Tether Laundromats’ Used by Criminal Gangs

Latam Insights: Venezuela’s Crypto Mining Ban, Tether’s $300M Lawsuit