Binance stablecoin netflow flipped to over $1.5B positive on May 14, led by ERC20 USDT, reversing days of heavy outflows including a $1.3B bleed on May 12. Something shifted on Binance around May 14. It didn’t announce itself loudly. The chart just flipped green. Stablecoin netflows on the exchange topped $1.5 billion for the day, […]
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The post Tether Faces $344M Stablecoin Seizure Bid as Myanmar Eyes Death Penalty and CLARITY Act Advances appeared on BitcoinEthereumNews.com.
Crypto News A US law firm has escalated its campaign to redirect frozen blockchain-based assets toward unrelated legal judgments, filing a new motion Thursday demanding Tether hand over more than $344 million in USDt linked to Iranian entities. Gerstein Harrow LLP claims its clients are owed over $532 million in compensatory damages and $1.8 billion in punitive damages tied to acts attributed to Iran stretching back 25 years. The filing extends a broader strategy targeting digital assets frozen following sanctions enforcement or exchange exploits. Onchain investigator ZachXBT publicly criticized the firm’s tactics, arguing such filings displace rightful claims of hack victims and delay legitimate restitution efforts already underway in the industry. Myanmar’s military government has unveiled one of the harshest anti-fraud frameworks in the world
The integration could democratize AI access, enabling crypto-native, low-cost, and pseudonymous payments, potentially reshaping AI billing.
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The post Stablecoin Market Cap Tops $323.3 Billion as Weekly Inflows Log $1.5 Billion – Bitcoin News appeared on BitcoinEthereumNews.com.
Key Takeaways Tether added $68.2M as USDT held 58.67% of the $323.3B stablecoin market. Sky’s USDS jumped 11.5% to $8.79B, closing in on the $10B milestone. Western Union’s USDPT spiked 597,568%, though its market cap remains just $1.5M. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector by a wide margin, holding a market capitalization of $189.7 billion this weekend after adding $68.2 million since May 9. Circle’s USDC moved in the opposite direction this past week, shedding 1.22% of its market capitalization, or slightly more than $950 million. USDC’s market cap stands today at $77.068 billion, a 1.98% decline since April 16. Sky’s USDS posted one of the week’s strongest performances as the third-largest stablecoin expanded by 11.50%, drawing in roughly $
The stablecoin sector climbed to a fresh zenith of $323.343 billion during the last seven days as $1.542 billion entered the market. Tether posted a modest 0.04% gain while maintaining market dominance near 58.67%. Tether Commands 58.67% of Stablecoin Market; Western Union USDPT Rises 597,568% Tether’s USDT remains the dominant force in the stablecoin sector […]
A Jerusalem family that lost relatives in a 1997 Hamas suicide bombing is among the plaintiffs pushing a US federal court to order Tether to hand over hundreds of millions in frozen digital currency. The case, filed in Manhattan, could set a significant legal precedent for how courts treat centralized stablecoin issuers. Related Reading: Crypto […]
Eco’s Circle Gateway integration increased Routes API order size limits by ten times since February 2026. Circle Gateway gives Eco a unified USDC balance across chains, removing the need to pre-fund every network. Eco estimates certain Gateway deposit flows now complete in 30 seconds, down from roughly 15 minutes before. Circle Gateway is now at […]
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Christopher Harborne entered the Sunday Times Rich List in sixth place, as Parliament opened a probe into Farage. The Sunday Times Rich List 2026, published on May 15, placed Christopher Harborne sixth among Britain’s wealthiest individuals. His estimated £18.2bn fortune…
