It seems Tether passed, putting an end to the longest-running open criticism of the leading stablecoin company.
KPMG audit verifies Tether holds every gold bar claimed; with $1.5B Q2 profit, Tether neutralizes skepticism blocking stablecoin adoption. Regulatory acceptance under GENIUS Act framework eliminates Circle's competitive edge, accelerating enterprise treasury and DeFi infrastructure buildout.
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt.GM!Today’s top news:
Crypto majors continue slide, BTC at $62.8k
SEC delays meeting to discuss crypto regulation
Trezor data breach exposes customer addresses
Kalshi raising $750M at $40B valuation
Open USD takes a shot at USDC and USDT, with backing from heavy hitters including Visa, Mastercard and Google.
The CFTC keeps going to bat for Kalshi while the ultimate prediction market court battle looms, with the fate of the sector in…
The new framework could be announced as soon as Friday, in what could be the biggest development for crypto this year.
Plus, Stripe makes a $53 billion move that could crown a stablecoin king. And Ostium gets drained of $18M in the latest DeFi…
Kalshi got the formal approval, but it's Hyperliquid that caught the most buzz with a massive move over the weekend.
Plus, the BTC ETFs stay green. The Clarity Act hits a wall over who enforces the ethics rules. And Jack Mallers walks away from…
