Apparently the #Houthis have been using #Tether's USDT stablecoin to do [whatever], because #OFAC just placed sanctions on a bunch of USDT wallets on #JustinSun's #Tron blockchain that they claim are connected to the Houthis.
Reminder that Justin Sun is Donald Trump's business partner in #WorldLibertyFinancial and #HowardLutnick manages Tether's money, so now you have a situation where Trump & co. are profiting from the same people they are bombing.
![The following changes have been made to OFAC's SDN List: ANSARALLAH (a.k.a. ANSAR ALLAH; a.k.a. ANSARULLAH; a.k.a. "HOUTHI GROUP"; a.k.a. "PARTISANS OF GOD"; a.k.a. "SUPPORTERS OF GOD"), Yemen; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886 [FTO] [SDGT]. -to- ANSARALLAH (a.k.a. ANSAR ALLAH; a.k.a. ANSARULLAH; a.k.a. "HOUTHI GROUP"; a.k.a. "PARTISANS OF GOD"; a.k.a. "SUPPORTERS OF GOD"), Yemen; Secondary sanctions risk: section 1(b) of Executive Order 13224, as amended by Executive Order 13886; Digital Currency Address - USDT TC4VsFHJdZ66BdwobZxkudVZBVmQZgCP65; alt. Digital Currency Address - USDT TQ5mpZPbQMSq2s1vSM3RJgiB1AsTsiTpFZ; alt. Digital Currency Address - USDT TXEaKf4rT3rMoD3VugnuhwrévLq6BL5t33; alt. Digital Currency Address - USDT TGUPpmW2bAnMCLe5ih2CFisfCHk4gTFDsx; alt. Digital Currency Address - USDT TDWN1Eq62bqvVhfGAjdRRJjE46jsiSKNMV; alt. Digital Currency Address - USDT TM6Kix9wH8cYQ4rLpFifsQ4ddH3rPX3f8p; alt. Digital Currency Address - USDT TDprk9jeYPVm6khkBplu7fwuyJcEJFrPWD; alt. Digital Currency Address - USDT TVn4q7L4fKEPbygi7UHq1CKfZxtbeuMV5q [FTO] [SDGT].](https://media.universeodon.com/media_attachments/files/114/280/463/543/723/851/original/be6f656fc542568d.png)
Wintermute Capitalizes on #FDUSD Depeg with $75M Transfer and $3M Profit Opportunity
This move comes in the wake of claims regarding the #stablecoin issuer's insolvency, which led to a drop in $FDUSD's value to $0.87.
Democrats stall #Stablecoin bill, citing Trump crypto ambitions
Democratic lawmakers want to add language to the bill that would restrict elected officials and high-level government employees from owning and profiting off stablecoin issuers.
FDUSD seems to be recovering after yesterday’s depeg.
The stablecoin dropped 9% after Justin Sun (TRX founder) accused its issuer of insolvency. First Digital denies the claims and says the Techteryx lawsuit isn’t related to FDUSD. We unpack the entire situation here: https://auriccrypto.com/stable/fdusd-stablecoin-suffers-depeg-following-justin-suns-solvency-warning/
Sun's Tweet Shakes #FDUSD #Stablecoin Value
Justin Sun, the founder of #TRON #TRX, made headlines with a tweet that impacted the value of the FDUSD. His claims regarding the insolvency of First Digital Trust led to a sharp decline in the stablecoin's value.
Ripple’s RLUSD stablecoin is now live on Kraken!
With $10B in trading volume and expanding exchange listings, RLUSD is gaining serious momentum. Could it rival USDT and USDC? 
#Ripple #Stablecoin #RLUSD #Kraken #xrpnews
https://cryptosnewss.com/ripple-usd-rlusd-hits-kraken-10b-trading-volume-signals-rapid-growth/
#TrueUSD, one of the many stablecoins connected to Chinese crypto scammer & Donald Trump business partner #JustinSun, received a half billion dollar bailout from... Justin Sun when it couldn't get its capital out of First Digital, another chinese #moneylaundering company that runs a stablecoin #FDUSD that is used for most trading on #Binance.
> "In September 2024, #TrueCoin and #TrustToken (the #stablecoin's owners before #Techteryx) settled with the #SEC over allegations they falsely marketed TrueUSD as fully dollar-backed while secretly investing reserves in risky offshore funds."
https://protos.com/justin-sun-bailed-out-500m-stablecoin-tusd-report/
Trump's Controversial #Crypto Ambitions: Aiming to Replace the Dollar?
In a recent congressional hearing, California Rep accused President #Trump of attempting to replace the U.S. dollar with a #stablecoin linked to his family's business interests.
Ripple's RLUSD stablecoin (pegged to USD) is now on Kraken! It's also integrated into Ripple's payment platform, facilitating cross-border payments for clients like BKK Forex & iSend. Launched in Dec 2024, RLUSD already boasts a $240M market cap. #RLUSD #stablecoin #Ripple #Kraken
NEW : #Cardano $ADA
Founder Charles Hoskinson says "once the #stablecoin and market structure bills pass, that opens the floodgates.
Apple, Facebook, Google, and Microsoft will put crypto wallets in their platforms. When you add their users up, it's 3 billion people."
USDC issuer Circle confidentially files for IPO with the SEC! No details yet on share numbers or price. CEO Jeremy Allaire cites transparency as a key reason for the move. The filing coincides with ongoing stablecoin regulatory discussions in Congress. Stay tuned! #USDC #IPO #Stablecoin #Crypto
https://www.alojapan.com/1234330/japanese-banking-giant-smbc-plans-avalanche-stablecoin-report-ledger-insights/ Japanese banking giant SMBC plans Avalanche stablecoin – report – Ledger Insights #AvaLabs #avalanche #blockchain #CrossBorderPayments #DigitalCurrency #DistributedLedger #DLT #Fireblocks #Japan #JapanNews #Japanese #JapaneseNews #news #Payments #smbc #stablecoin #SumitomoMitsuiBankingCorporation #SumitomoMitsuiFinancialGroup Sumitomo Mitsui Financial Group, the parent of Japan’s second largest bank SMBC, is planning to issue a st…
Introducing ØNTHR: The World's First Perfect Stablecoin. ØNTHR guarantees absolute price stability at precisely $0.00—forever. Find out more here: https://netherzero.com
Behold the marvel of #ØNTHR, the #stablecoin so stable it’s nonexistent! 
With a groundbreaking value of $0.00, it's the perfect #investment for those who want to achieve financial nirvana by owning absolutely nothing. 
Guaranteed stability at the price of zero, making it the ultimate currency that everyone can afford! 
https://netherzero.com/ #nonexistent #financialnirvana #cryptocurrency #HackerNews #ngated
ØNTHR The World’s First Perfect Guaranteed $0.00 Stablecoin
Why did Sonic Labs ditch their USD algorithmic stablecoin for the UAE digital dirham?
They might have two very good reasons – one regulatory, one strategic. We explain the full picture here: https://auriccrypto.com/altcoins/sonic-labs-drop-usd-stablecoin-plan-for-uae-dirham-bet-heres-why/
#Sonic Labs #S Transitions From Algorithmic USD #Stablecoin to UAE Dirham Alternative
This decision comes amid growing scrutiny of algorithmic stablecoins following past market failures.
Senators Demand Scrutiny of Trump's #WLFI #Stablecoin Amid Conflict Concerns
A group of senators has raised alarms regarding the newly launched stablecoin, #USD1. The senators are urging financial regulators to investigate potential conflicts of interest.
Global #cryptomarket cap: $2.68T, down 3.20% in the last day.
Total #crypto market volume: $75.07%
#DeFi volume: $5.08B, 7.01% of total crypto market volume.
#Stablecoin volume: $70.89B, 97.86% of total crypto market volume.
#Bitcoin dominance: 61.13%, down 0.07% over the day.
Circle expands USDC adoption in Japan https://www.byteseu.com/870196/ #CryptoCurrency #DigitalAssets #Expansion #Japan #stablecoin
