Sei price remains under pressure in the past few months and is hovering near its lowest point since November 2023 even as its ecosystem continue doing well. The token was trading at $0.1750, down by over 75% from its highest level in December last year.
Leading stablecoins issuer Tether minted 1 billion USDT on Tron (TRX) network on Saturday, April 12, during the early Western financial markets. According to Paolo Ardoino, CEO Tether, the 1 billion mint is an authorized but not an issued transaction. PSA: 1B USDt inventory replenish on Tron Network.
Sei (SEI), a fast-growing Layer 1 blockchain focused on optimizing crypto trading and DeFi development, has received significant support from Donald Trump-backed World Liberty Finance (WLFI). After concluding one of the most heavily subscribed token sales in recent history, World Liberty Finance has been engaged in strategic token purchases.
World Liberty Fi, a project linked to US President family, has purchased SEI tokens, worth at least $775,000. The investment has triggered excitement among SEI enthusiasts. Notably, the SEI market has recorded an impressive surge of 7.8% in the last 24 hours. In the last one hour alone, the market has climbed by nearly 3.4%.
Sei Giga introduces the Autobahn consensus mechanism, boosting blockchain throughput by 50x through a multi-proposer model, enhancing scalability and maintaining Byzantine Fault Tolerance.
Tether's gold-backed XAUT token rises 3.4% as physical gold reaches record highs above $3,200 amid economic uncertainty and trade tensions.
Equities markets are giving mixed results on trade war deescalations.
AG Letitia James recommended stablecoins should be both backed 1:1 by U.S. dollars or treasuries and issued by American companies.
TRX Rallies 10% as Tether Mints $1B on Tron Amid Global Trade Tensions
Over the past decade, issuance of Tether's USDt (USDT) has consistently mirrored Bitcoin (BTC) price cycles, with mints often clustering around bull runs and burns following corrections.Data from Whale Alert shows the relation between USDT issuance and Bitcoin price movements by plotting Tether's net minting and burning alongside the price of Bitcoin from 2015 to early 2025. While many in the industry have long speculated about the correlation between USDT supply and BTC performance, this data set provides a clearer timeline for evaluating that relationship.
It might sound strange at first, but stablecoins are soaring these days.
The world's largest stablecoin issuer is plotting its U.S. expansion and building a decentralized rival to OpenAI's model.
Tether plans to launch a US-based institutional stablecoin as regulatory framework advances under Trump's administration, potentially entering the American market.
The cryptocurrency market is once again riding a wave of volatility after a massive $400 million USDT transfer from Tether Treasury to Binance, the worlds largest crypto exchange. According to blockchain tracker Whale Alert, the sizeable inflow has stirred speculation across crypto-focused social media platforms, with many wondering if whales are gearing up to buy the dip.
Roller coaster action continues to happen in the cryptocurrency market as a new twist revealed a colossal amount of USDT, a major stablecoin, hit the world's largest exchange, Binance.
Tether, the leader of USDT, is preparing a new American stablecoin aimed at financial institutions. This strategic project emerges as Washington moves towards a regulatory framework for these dollar-backed digital currencies.
As the cryptocurrency landscape in the United States undergoes significant changes under Trump's second administration, Tether, the company behind the largest stablecoin, USDT, is considering launching a US-exclusive stablecoin.
Tether (USDT) is a type of cryptocurrency known as a stablecoin. It was launched in 2014 by a company called Tether Limited.
"The new legislation gives us the opportunity to explore the creation of a U.S.-based, institutional-grade stablecoin," said Paolo Ardoino.
TL;DR Tether is exploring the possibility of launching a U.S.-exclusive stablecoin if the new regulations proposed by the Trump administration turn out to be favorable. Although it currently does not serve U.S. customers, the company already works closely with agencies like the FBI and the Department of Justice.
The USDT issuer, Tether, is contemplating the launch of a US-only stablecoin driven by President Donald Trump's crypto policies. This marks a major shift in the firm's strategies, as the platform hasn't historically supported American clients.
America's changing cryptocurrency landscape could soon bring Tether's stablecoin to the U.S. The company is considering offering a U.S.-only stablecoin, assuming the government brings forth regulations encouraging new entrants to the market, Tether's CEO told the Financial Times (FT) in a report published Monday (April 7).
Tether is considering launching a U.S.-only version of its token if the Trump administration introduces favorable regulations. The post Tether Weighs U.S.-Only Stablecoin Amid Potential Pro-Crypto Trump Regulations appeared first on Cryptonews.
CEO Paolo Ardoino says Tether may launch a new stablecoin instead of adapting USDT to U.S. regulations. This new stablecoin would be built from the ground up to be “compliant by design.
Paolo Ardoino said that if new rules are brought in "make stablecoins competitive, there could be an interest from Tether to create a domestic stablecoin."
The cryptocurrency market endured significant declines as liquidations rattled the digital assets landscape. Meanwhile, SEI led the downside, losing 19% in the past 24 hours to explore price levels not witnessed since October 2023. Adverse ecosystem developments following the Filament Finance hack intensified Sei's crash.
Tether's chief executive Paolo Ardoino says the stablecoin issuer is in talks with US officials and may even launch a dollar-pegged token tailored for the domestic market only.
Filament, a decentralized exchange built on the Sei blockchain, has been hit by a major self-liquidation exploit. According to the platform's post-hack statement shared on X, attackers took advantage of the platform's order book system to steal around $572,000.
The following is a guest post and opinion of Anastasija Plotnikova, CEO and Co-Founder of Fideum. 2025 has been dubbed “the year of the stablecoin,” with stablecoins surging in popularity and gaining ground globally, especially under the new crypto-friendly U.S. administration.
The Securities and Exchange Commission (SEC) has officially taken a position on one of the most controversial issues in cryptocurrency regulation.
Stablecoins just hit $233B — but is a quiet power shift underway between USDT and USDC?
Paolo Ardoino, the CEO of Tether, has revealed that Tether is considering the introduction of a new U.S.-domiciled stablecoin as a solution to the impending regulatory legislation. With the growth and integration of the cryptocurrency industry, several jurisdictions around the world have begun creating stablecoin-specific regulations to control the effects on their financial systems.
Recently, the U.S. SEC made a major move that could reshape the stablecoin market. In one of its clearest statements yet, the agency said that some stablecoins now labeled “covered stablecoins” may not be considered securities, as long as they meet strict conditions.
The US Securities and Exchange Commission (SEC) has issued one of its most definitive statements yet on the regulatory treatment of stablecoins.
According to data available on DeFiLlama's fees page, which tracks fees across various DeFi protocols, there was a huge spike in fees on the Polymarket platform. The surge in fee generation could be attributed to a rise in user activity or transaction volume on the platform.
The stablecoin rivalry between Tether (USDT) and Circle (USDC) shows no signs of cooling down. In the latest exchange, Tether CEO Paolo Ardoino made headlines by stating that Tether doesnt need to go public, a remark interpreted as a subtle jab at Circle, which recently filed for an initial public offering with the U.S. SEC to list on the NYSE.
Tether pictures a long-term reality in which USDT is not offered in either the United States or Europe, Paolo Ardoino said Friday.
The agency also stated that those wishing to create and or redeem covered stablecoins will be able to do so with having to notify the SEC.
Sei token continued its downward trend and is nearing its all-time low even as its ecosystem growth accelerated. Sei (SEI), a fast-growing layer-1 network, has extended its downward trend, nearing its all-time low even as ecosystem activity accelerates.
There are few things that are forever on the crypto market, but at least the battle between two major stablecoins USDT and USDC, and their issuing companies Tether and CIrcle, is here to stay for a while.
As Circle files for its IPO, what implications will this have for the broader stablecoin market? Can it challenge Tether's $160B dominance?
A growing number of officials in Ukraine are investing in cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) while the U.S. dollar-pegged stablecoin Tether (USDT) is the most popular store of value among the digital assets in their possession.
The new Ripple stablecoin's market cap has grown fivefold in less than a month as the company has secured key exchange listings.Data from CoinMarketCap indicates that nearly $300 million worth of Ripple USD (RLUSD) is circulating.
Tether's strategic advisor Gabor Gurbacs has taken to his X account to discuss the prospects Bitcoin may have in the next few years. He has shared his bullish opinion with the community, drawing parallels to another popular safe haven asset – gold.
United States has finally passed the STABLE Act for all USD-pegged stablecoins operating in the country, such as Tether (USDT), Circle (USDC), and others. This is a major milestone for the US stablecoin industry as the US House Financial Services Committee passed the act with a 32-17 vote to bring clarity to this digital assets
Eight crypto wallets used by financial facilitators of the Houthis were identified and sanctioned by the United States Treasury.
Sei Foundation, the organization supporting the Layer-1 blockchain Sei, has revealed a new US non-profit, Sei Development Foundation, establishing its headquarters in New York. The post Sei Establishes US Non-Profit Foundation, Opens New York Office appeared first on Cryptonews.