Tether grants Utexo a license to issue USDT on Bitcoin, expected this month
Tether granted the 2025-founded startup a commercial license to issue USDT on Bitcoin using the USDT trademark.
Tether-backed Utexo plans to issue USDT on Bitcoin this month
The startup, which raised $7.5 million this year, plans private transfers, direct bitcoin swaps and bitcoin-backed loans, with most transaction data kept off the public ledger.
SEC proposes crypto custody rule for advisers, funds and state trust companies
Adviser self-custody would require demonstrated expertise and no qualified custodian willing to take the mandate; state-chartered trusts could serve as custodians.
SF Fed study finds stablecoin Treasury demand only partly offsets China's retreat
Issuers favor short-term debt while the decline in Chinese holdings has landed mostly on longer-dated securities, the San Francisco Fed paper reports.
Dune finds equity tokens drive tokenized-asset trading while Treasury funds sit still
The analytics platform puts tokenized real-world assets at $34.5 billion and says the value of individual-stock token holdings grew ninefold in a year.