Tether hits $160B market cap milestone as US GENIUS act threatens stablecoin dominance through mandatory third-party audits.

Cryptocurrency has gained a hold in Americans’ investment portfolios and their retirement accounts — and now it’s a step ...

The House of Representatives passed the GENIUS Act, which deals with stablecoin regulation, in a 308-122 vote on July 17.

After clearing a procedural hurdle in the House of Representatives by a 215-211 vote on 16 July, the GENIUS Act now heads to ...

On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.

Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...

Tether’s USDt stablecoin crosses $160 billion market cap for the first time, driven by growth in emerging markets and strong ...

However, Tether has never completed a full, independent audit. This remains a major red flag. The GENIUS Act now brings that ...

GENIUS Act targets Tether's opaque reserves, pushing the $156 billion giant to comply or exit the U.S. market.

The GENIUS Act could force Tether USDT to exit the US market if it fails to meet strict transparency rules. Compliance or ...

Tether has minted 160 billion USDT tokens, but upcoming regulations and a shaky Bitcoin market may signal potential instability.

A bill laying out rules for stablecoins would force issuers like Tether to be audited and end risky practices.