Thailand's tightening of scrutiny of large cash deposits and enhanced monitoring of USDT transactions is another example of the increasingly stringent regulations governing cryptocurrencies in Southeast Asia.

Hyundai Card completed a live USDT cross-border payment between Hyundai Motor's US and Mexico units in about seven minutes. It will expand the stablecoin trial to Europe later in July 2026 with Visa and Circle.

Circle's stablecoin USDC has further widened the gap with its competitor Tether's USDT in terms of trading volume.

Many people have a misunderstanding about Hong Kong's Web3 policy: Hong Kong supports the development of virtual assets, so buying and selling cryptocurrencies, doing OTC business, and doing stablecoin business in Hong Kong are all legal and safe.

Jinse Finance launches its cryptocurrency and blockchain industry daily news bulletin, "Jinse at 8 AM," issue 3110, providing you with the latest and fastest news on the digital currency and blockchain industry.

Tether's USDT briefly surpassed Ethereum to become the world's second-largest cryptocurrency by market capitalization, underscoring a major shift in investor sentiment as traders increasingly rotate into stablecoins during the latest crypto market downturn.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

South Korean police arrested 23 people linked to a group that laundered about 16.8 billion won ($11.1 million) from Cambodia-based phishing and romance scams using cryptocurrency.

In the $320 billion stablecoin market, Tether and Circle hold 90% of the share.

AN officially announced the launch of a stock tokenization trading service covering more than 8,000 US stocks and ETFs, enabling 24/7 uninterrupted trading.