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Coin Market

Tether, Fasanara launch $400M private credit fund targeting $3B

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The evergreen fund will use USDT infrastructure to support asset-backed lending through fintech platforms in more than 60 countries.

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Coin Market

Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar

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Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.

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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction

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The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.

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Trade groups seek to block Illinois crypto tax before January effective date

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Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose costly compliance burdens.

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