Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin

The stablecoin giant announced that this investment will support Mercado Bitcoin’s expansion efforts in payment infrastructure, tokenized investment offerings, lending and credit, and on-chain capital markets. The move follows several capital injections by the company for several Latam-focused initiatives. Tether Announces $20 Million Strategic Investment in Mercado Bitcoin Latam markets and the companies regulated to […]

The post Bitunix Joins Peru Blockchain Conference as Title Sponsor appeared on BitcoinEthereumNews.com. Bitunix has announced it will join the Peru Blockchain Conference as Title Sponsor. Cryptocurrency exchange Bitunix has been announced as a Title Sponsor of Perú Blockchain Conference 2026, one of the largest blockchain and cryptocurrency events in Peru and Latin America. The event will take place on July 10–11, 2026, at the JW Marriott Hotel Lima in Miraflores, Lima, Peru. The 5th edition of the conference will bring together thousands of participants from across the blockchain, cryptocurrency, finance, and technology sectors. The 2026 edition expects more than 4,000 attendees, with over 50 sponsors and 100 speakers joining the event to share knowledge, discuss industry developments, and connect with the growing Latin American digital asset community. As Title Sponsor, Bitunix will participate in the conference through keynote sessions, networking activities, and discussions focused

The post USDC Controversy: A Legal Challenge for Stablecoin Giant Circle appeared on BitcoinEthereumNews.com. Circle, known for issuing the USDC stablecoin, is entangled in legal issues in Wisconsin, with accusations of resisting a court decree. The involvement stems from claims that Circle hasn’t acted to restitution certain crypto assets allegedly obtained via fraudulent means. Continue Reading:USDC Controversy: A Legal Challenge for Stablecoin Giant Circle Source: https://en.bitcoinhaber.net/usdc-controversy-a-legal-challenge-for-stablecoin-giant-circle

The post Cronos (CRO) Data Now Live on Dune for Onchain Insights appeared on BitcoinEthereumNews.com. Peter Zhang Jul 09, 2026 13:35 Cronos network data is now accessible on Dune, enabling real-time analysis of stablecoin flows, tokenized assets, and smart contract activity. Cronos, the Layer-1 blockchain developed by Crypto.com, is now fully integrated with Dune, the popular blockchain analytics platform. This move allows anyone to analyze Cronos’ real-time onchain activity, including stablecoin flows, tokenized stock settlements, and smart contract interactions. For traders, institutions, and developers, the ability to access and visualize this data in a standardized format represents a significant advantage, especially as Cronos pivots toward tokenized assets and institutional use cases. With over 150 million registered users globally, Crypto.com has positioned Cronos as a settlement layer for stablecoins, tokenized assets, and decentralized finance (DeFi). The blo

The post Binance stablecoin outflows hit $115 million a day as liquidity weakens appeared on BitcoinEthereumNews.com. The collapse of the U.S.-Iran ceasefire on July 8 sent prices back toward $62k, from a brief move into the $64k resistance zone. AMBCrypto reported that shortly after the news broke out, $300 million worth of long positions had been liquidated. The rising leverage and inclination from derivatives traders to catch the market lows, without structural support, was a warning sign of deeper drawdown. There was another factor to keep an eye on. Stablecoin liquidity increases price sensitivity to bearish catalysts Crypto analyst Crypto Onchain drew attention to the liquidity drain seen in the centralized exchange Binance. USD Coin reserves have fallen by 21% over the past month, and Tether saw massive single-day outflows. Source: CryptoQuant Anomalous outflows of $997 million on June 26 and $838 million on July 7 were seen. Together, they have taken Binance stablecoin outflows

The post Circle says it cannot reissue frozen USDC as it seeks dismissal of Wisconsin complaint appeared on BitcoinEthereumNews.com. Circle has asked a Wisconsin court to dismiss a criminal contempt complaint. It argues it lacks the technical ability to comply with an order requiring it to invalidate frozen USDC and issue replacement tokens to compensate an alleged fraud victim. The filing centers on the technical limits of USDC once it leaves Circle’s custody. While the stablecoin issuer says it can freeze tokens held in third-party wallets by blocklisting addresses, it argues it cannot seize, destroy, or reissue those tokens because it does not control the wallets’ private keys. Circle argues it complied with freeze order but could not reissue USDC The dispute stems from an alleged cryptocurrency scam in which a Wisconsin resident lost more than 381,000 USDC. It was lost after the stablecoins were transferred from Crypto.com to a wallet controlled by an alleged fraudster.  Prosecutor

The post Circle Hit With Criminal Complaint Over 381,000 Stolen USDC Tokens appeared on BitcoinEthereumNews.com. USDC News Wisconsin prosecutors have filed a criminal complaint against Circle, the issuer of USDC, alleging the company intentionally disobeyed a court order to recover roughly 381,000 stolen tokens for a local scam victim. The misdemeanor obstruction-of-justice charge, unusual against a firm of Circle’s size, sharpens a broader dispute over how much responsibility stablecoin issuers bear for clawing back illicit funds. At the center is a simple question: why does the world’s second-largest stablecoin issuer appear less willing than its rivals to help law enforcement recover money once it settles on-chain. Circle disputes the allegations and has moved to dismiss the case outright. The dispute traces back to a romance scam in Walworth County. In May 2025, a resident received an unsolicited text from a scammer using the name Lenora, who posed as a romantic partner and steered

The post Hyundai Card Tests Stablecoin Global Payments. appeared on BitcoinEthereumNews.com. Hyundai Card completed a $20,000 USDT transfer between US and Mexico subsidiaries in seven minutes. The pilot used Avalanche, Tether, and Axiym to test faster blockchain-based corporate payments. Hyundai Card plans Europe trials with Visa and Circle for local currency stablecoin transfers. Hyundai Card has completed a stablecoin-based cross-border payment test between Hyundai Motor subsidiaries in the United States and Mexico, marking a major step toward blockchain-powered corporate settlements. The payment company tested real intercompany transfers using stablecoins, aiming to improve international payment efficiency while exploring new financial infrastructure for global operations. Hyundai Card Completes Stablecoin Transfer Between Hyundai Units Hyundai Card, the payments division of Hyundai Motor Group, said Thursday it has completed a proof-of-concept (PoC) involving stablecoin transfers b