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Speaking on The Block's Big Brain podcast, Tether CEO Paolo Ardoino said USDT and Bitcoin will power transactions among AI agents.
Together, USDT and USDC account for the majority of the approximately $134 billion total stablecoin market on the network.
In-kind redemptions for crypto exchange-traded funds could be coming, according to one of the SEC's top leads Hester Peirce.
Zama closed a $57 million Series B at a valuation of over $1 billion, according to a statement on Wednesday.
Investment management company Invesco and crypto-focused firm Galaxy Digital have joined the race for a Solana exchange-traded fund.
Bit Digital will wind down BTC mining operations, sell stock & spin out its high-performance computing subsidiary to fund ETH purchases.
Privacy Pools, backed by Ethereum co-founder Vitalik Buterin, is adding support for stablecoins, according to an announcement on Wednesday.
The Federal Housing Finance Agency's director ordered Fannie Mae and Freddie Mac to evaluate cryptocurrency as an asset for mortgages.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Grove is developed by Grove Labs, which is owned by the DeFi-focused financial advisory firm Steakhouse Financial.