By Hassan Shittu Key highlights: Tether declined to seek a MiCA license primarily due to the rule requiring major stablecoin issuers to hold 60% of reserves in bank deposits The ECB now wants the rule removed because large bank deposit requirements create two-way systemic risk, as stablecoin redemptions could force sudden bank withdrawals Tether’s options […]
Tag: USDC
By Hassan Shittu Key highlights: Binance invested $100M in Circle and signed a 5-year commercial agreement to promote USDC across its 300M+ user platform The more USDC Binance holds via Circle’s Modular Smart Contract Wallet, the higher the monthly payment, replacing earlier agreements from November 2024 and August 2025 Circle is simultaneously expanding beyond USDC: […]
By Nynu Jamal Key highlights: Sam Altman’s World has launched World Money, a stablecoin-focused financial app The super app is now available across 150 countries and supports eight currencies The Worldcoin price has seen an impressive 17% surge in a day and 36% in a month The Sam Altman-backed World project, formerly known as Worldcoin, […]