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The latest Usdt news, analysis, and updates.

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Empty football stadium with its jumbotron turned into a wall of trading screens and a betting desk on the pitch belowAnalysis

Drake Loses $1.5 Million in USDT as Spain Wins World Cup Final

Drake's $1.5M USDT bet on Argentina died when Spain won 1-0, while a Polymarket whale turned $1.95M on Spain into a $1.35M profit.

Crypto News
A one-way turnstile at a European currency-exchange kiosk with a trading terminal and stablecoin tokens passing throughRegulation

OKX Europe Opens One-Way USDT-to-USDC Exit Under MiCA Pressure

OKX Europe now lets USDT holders in 30 countries convert to MiCA-compliant USDC, with an 8% bonus, as Tether refuses to seek authorization.

Crypto News
Blockchain analytics workstations in a government operations room showing a wallet transaction graph with halted flowsPolitics

Tether Freezes $131 Million in Iran-Linked Tron Wallets After OFAC Sanctions

OFAC sanctioned addresses tied to Iran's central bank and the IRGC, and Tether locked four Tron wallets holding more than $131 million.

Crypto News
Empty operator chair at a control desk facing a curved wall of ledger-flow screens in a stablecoin treasury roomEthereum

Tether Burns $2.5 Billion of USDT on Ethereum as Redemptions Clear

Tether destroyed $2.5 billion of USDT on Ethereum in a routine redemption burn, cutting the network's supply about 1.3% with no market reaction.

Crypto News
Fiber-optic cables leaving a gated data center arc over a border barrier into a web of small server nodes in a fieldRegulation

$17.5B in USDT Exits EU Exchanges for DEXs After MiCA

Tether skipped MiCA authorization, and $17.5 billion in USDT has drained from EU exchanges onto DEXs, self-custody, and offshore venues.

Crypto News