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Tether says it has no exposure to Genesis Global or Gemini Earn

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The stablecoin operator said the reliability of its reserves is important to highlight “at a time like this.” Tether has historically had issues with transparency.

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Coin Market

Alphabet, Microsoft add objections to OKX-ICE proposed tokenized stock platform

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About 25% of the US-listed companies in OKXICE’s initial tokenized stock platform proposal are asking to opt-out of the venture.

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Coin Market

Stablecoin transfers quadruple to $891B as US banks expand adoption: Report

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Coinbase reports growing adoption by banks and businesses, even as stablecoin market capitalization remains largely unchanged over the past year.

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Coin Market

Injective, BDACS plan Korean won stablecoin settlement for tokenized assets

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Injective and BDACS plan to bring won-backed stablecoin KRW1 to tokenized asset markets as South Korea develops a regulatory framework for local currency stablecoins.

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