Tether Becomes The Biggest Holder Of Gold, Quietly Hiding 80 Tons Of Gold In A Private Vault In Switzerland
Stablecoin giant Tether has stored a whopping $8 billion worth of gold in a private vault somewhere in Switzerland.

Stablecoin giant Tether has stored a whopping $8 billion worth of gold in a private vault somewhere in Switzerland.
Tether plans to become the world’s largest Bitcoin miner by the end of 2025, investing billions in mining operations across Latin America. This move aims to protect its large Bitcoin holdings and strengthen the network amid new regulatory challenges.
Major cryptocurrency exchange Bybit has landed on the grounds of Georgia, making it the first exchange to have a full license to offer digital assets trading to local investors.
A scammer located in Nigeria has allegedly impersonated Steve Witkoff, the co-chair of the Trump-Vance Inaugural Committee, by making use of a barely noticeable type.
Ripple has applied for a US national bank charter and a Federal Reserve account to support its stablecoin RLUSD. The move comes as new laws push stablecoin issuers to meet tougher rules, with Ripple aiming to boost trust and compete with USDC and USDT.
Circle has applied for a national trust bank licence in the US to launch a fully regulated digital currency bank that will manage USDC reserves and offer asset custody to institutions. This move follows its $18 billion IPO and shows its shift toward stricter compliance and deeper ties with traditional finance.
A7A5, a Russian ruble-backed stablecoin launched in Kyrgyzstan might be Russia's new found attempt to build at alternative payment system outside of the western financial rails.
Visa has partnered with Yellow Card to use stablecoins like USDC for faster, cheaper cross-border payments in Africa. This move aims to help tackle currency issues and improve money transfers across the continent.
Thailand has approved a five-year income tax exemption on crypto trading profits from 2025 to 2029, applying to sales through licensed platforms. The move aims to spur blockchain innovation while maintaining investor protection through regulatory oversight.
A 26-year-old TikTok influencer and crypto trader was reportedly kidnapped in France and held for a €50,000 crypto ransom. But when the kidnappers found he had been all-in on XRP since 2018 and had little to show for it, they released him—allegedly sending $1,000 in USDT before letting him go.
OpenEden’s TBILL received an “A-bf” rating from Moody’s on June 19 as more Treasuries began to come online.
Moody's rates the first tokenized SGD Delta Fund, a Singapore-dollar government bond fund, signaling a pivotal merge of blockchain and traditional finance. Despite AAA assets, Moody's assigns AA, emphasizing potential risks. SC Ventures' Libeara platform drives this integration, reflecting the financial sector's growing interest in blockchain. The convergence offers investors a unique blend of government bond security and blockchain advantages.
Moody's Cristiano Ventricelli says Ethereum is set to benefit greatly from the steadily increasing pace of tokenization of real-world assets.
Aave's bullish trends detected by Santiment, with increased wallet holdings and favorable RSI readings.
Without bipartisanship on how to regulate crypto, the U.S. will be “less attractive for both firms and investors,” according to a report from Moody’s Investors Service. Democrats and Republicans have been working on two legislative efforts to regulate stablecoins, and another that would create a pathway for a digital token to go from being treated as a security to a commodity.
Jeremy Allaire detected irony in how his crypto company needed to be rescued from the banking system this week.
Stablecoins are designed to maintain a stable value relative to a traditional currency but are still subject to market forces and fluctuations, and can depeg from their target value. USDC depegging over the weekend is an example.