TheNewsCrypto·
Revolut is set to phase out USDT support for eligible European clients in line with the European Union’s MiCA regulations. Revolut has informed affected users via email that it will gradually stop supporting USDT in the coming months. Users can keep purchasing USDT until July 6, after which Revolut will
Read full articleCoinbase's move into Open USD signals a shift towards diversified revenue streams, pressuring Circle to adapt its economic model for competitiveness. The post Coinbase backs new stablecoin venture, renegotiates deal with Circle appeared first on Crypto Briefing.
On June 30, more than 140 companies, including Visa, Mastercard, Stripe, BlackRock, Google, and Circle’s most important ally, Coinbase, unveiled a stablecoin designed to give away the exact revenue stream Circle lives on. CRCL cratered 17% in a day and…
Open USD launches with 140+ partners and reserve-yield sharing that redirects economics to integrators. Circle fell 17% on the news as USDC’s moat gets tested.
Iran's move to accept crypto for transit fees in the Strait of Hormuz could challenge global sanctions, impacting geopolitical alliances. The post Iran offers China reduced Strait of Hormuz transit fees, accepts Bitcoin and USDT for tolls appeared first on Crypto Briefing.
Stablecoin inflows to exchanges just fell to an 18-month low, yet Ethereum developers are deploying smart contracts at a record pace anyway. Bitcoin traded near $62,397 on Friday morning, a number that by itself explains almost nothing about what is happening underneath the price. The real story sat one layer down, in the stablecoin data […] The post Stablecoin Inflows Hit 18-Month Low While Ethereum Builders Ignore It appeared first on Live Bitcoin News.
Revolut will stop supporting USDT on August 31, after ending purchases July 6 and new deposits July 30 for affected users. Revolut has told customers it will stop supporting USDT on August 31 through app alerts and emails. The move will end access to one of the most used stablecoins on its platform. Users can […] The post Europe’s Largest Fintech Is Dropping USDT: Here’s the Timeline appeared first on Live Bitcoin News.
Revolut notified some customers it will delist USDT after Aug. 31, with remaining holdings automatically converted into users’ base currency.
RBI submission cites 54 FIU-registered providers and 3.93 crore users, as stablecoin market cap nears $311B. India’s path tightens. Practical moves founders can take now.
