Tether Equity Stake Sale: Richard Heathcote’s Planned Exit

The divergence in USDT and USDC usage highlights evolving stablecoin roles, impacting global payment systems and decentralized finance growth. The post Tether’s USDT dominates payments while Circle’s USDC leads DeFi, Dune data shows appeared first on Crypto Briefing.

The post Dune: USDT Leads Payments, USDC Dominates DeFi appeared on BitcoinEthereumNews.com. The world’s biggest stablecoins are increasingly becoming chain-specific financial products, with Tether’s USDt (USDT) and Circle’s USDC (USDC) serving distinct roles across the crypto ecosystem rather than competing head-on. Dune’s Digital Asset Brief found that USDT overwhelmingly dominates onchain payments. During the first half of 2026, the biggest stablecoin settled about $95 billion in identified commerce payments, compared with $14 billion for second-biggest USDC. It also accounted for roughly 92% of the $48 billion in business-to-business payment volume. On Tron, USDT’s largest network, around 93% of the token’s supply is held in ordinary wallets rather than on exchanges, underscoring its role as a payment and remittance asset. USDC, meanwhile, has established itself as the dominant stablecoin in decentralized finance. USDC on Base processed roughly $2.6 trillion in transfer volume in J

The post Tether Invests in Mercado Bitcoin to Grow Tokenized Finance appeared on BitcoinEthereumNews.com. Tether has invested $20 million in Brazilian crypto platform Mercado Bitcoin to support the company’s expansion into tokenized assets, stablecoin payments, lending and other blockchain-based financial services across Latin America. Since its 2013 launch, Mercado Bitcoin has expanded beyond crypto trading into regulated financial services, including tokenized assets, credit, stablecoin payments and cross-border services. The company said it has more than 4.5 million users, has issued more than 2 billion Brazilian reais (about $370 million) worth of tokenized assets, and operates under nearly a dozen licenses across Brazil and Europe, including a payment institution license from Brazil’s central bank. Tether CEO Paolo Ardoino said Mercado Bitcoin has built one of Latin America’s most comprehensive regulated onchain financial platforms, citing its licensing, tokenization infrastructur

Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes stablecoin use.

The post Corning (GLW) Stock Plunges 24% in Four Days — Why Wall Street Remains Optimistic appeared on BitcoinEthereumNews.com. Key Takeaways Corning shares have declined 24% across four consecutive trading days, settling near $186.96 and erasing $52.4 billion in market capitalization. The decline mirrors a broader retreat from AI-linked equities rather than company-specific concerns. Oppenheimer elevated its price target to $230 while maintaining an Outperform rating, describing the pullback as a “compelling entry opportunity.” Bank of America increased its target to $243, sustaining a Buy rating as Q2 results approach. Year-to-date, GLW remains up 114% in 2026 and has surged 255% over the trailing twelve months. Corning (GLW) stock has emerged as one of 2026’s top performers, propelled by robust AI-driven optical networking demand. However, the past week has delivered a sharp reversal. Corning Inc, GLW Shares declined another 4% to $186.96 during Tuesday’s session, marking the fourth

The post Morgan Stanley backs SpaceX as Wall Street sees massive upside ahead appeared on BitcoinEthereumNews.com. Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. Summary Morgan Stanley leads fresh Wall Street buy calls with a $300 base-case and $600 bull-case target for SpaceX. JPMorgan estimates Nasdaq-100 inclusion could trigger about $4.3 billion in passive fund buying. SpaceX shares eased before the index debut despite bullish analyst ratings and strong institutional interest. According to research notes released by Morgan Stanley, Goldman Sachs, Citigroup, and other investment banks, analysts expect further gains for SpaceX despite the stock pulling back after its recent rally. The latest recommendations come just before the company enters the Nasdaq-100, an event that JPMorgan estimates could trigger about $4.3 billion in autom

Elon Musk’s SpaceX has secured fresh buy ratings from several major Wall Street banks, with Morgan Stanley assigning a base-case price target of $300 as the stock prepares to join the Nasdaq-100 Index. According to research notes released by Morgan…

The post Johnson & Johnson (JNJ) Stock Surges Past Record High as Wall Street Raises Price Targets appeared on BitcoinEthereumNews.com. Key Highlights JNJ reached a record peak of $264.98 before climbing further to $268.69, posting a 3.70% daily gain Year-over-year total returns stand at an impressive 71% Guggenheim elevated its price objective to $270 with a Buy rating, projecting Q2 sales of $25.48 billion The company increased its quarterly payout to $1.34 per share from $1.30, extending its dividend growth streak to 55 years Major institutional players including Vanguard, State Street, and Norges Bank have significantly expanded their stakes Johnson & Johnson shares reached unprecedented territory on Tuesday, initially touching $264.98 before advancing to $268.69 — representing a 3.70% intraday increase. This valuation positions the healthcare giant’s market capitalization at approximately $646.8 billion. Johnson & Johnson, JNJ Over the trailing twelve-month period, shares have cli