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Tether reportedly shuts USDT redemption for some Singapore customer groups

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In an email, Tether said it found Cake DeFi to be controlled by “another corporation that resides in Singapore,” and it won’t be allowed to redeem USDT.

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Coin Market

State Street launches GENIUS Act-aligned money market fund for stablecoin reserves

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The launch comes amid growing competition among financial institutions to manage assets backing dollar-pegged stablecoins.

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Coin Market

Why US-regulated Bitcoin perpetuals could change crypto trading

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US-regulated Bitcoin perpetual futures could give retail and institutional traders new ways to access crypto derivatives.

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Coin Market

Ripple targets Africa’s remittance market with Flutterwave investment

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Ripple’s investment in Flutterwave will bring RLUSD, Ripple Payments and XRPL to one of Africa’s largest fintechs as blockchain remittances gain traction.

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