$4.1B Tether Buffer Halves, USDT Faces GENIUS Audit Test
Tether’s reserve buffer halved to $4.11B as the GENIUS Act audit line hits USDT. Here is what it means for the USDT sitting in your DeFi pools.
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$272M Stellar DeFi TVL Record Puts Soroban Pools On The Map
Stellar DeFi TVL hit a $272M record as USDC-led stablecoins reach $934.5M. What Soroban pools and $3.4M daily DEX volume mean for your wallet.
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50,000 Europeans Fight ECB Bid To Extend MiCA Yield Ban To DeFi
Europe’s central banks want MiCA’s stablecoin yield ban extended to DeFi lending and staking. 50,000 Europeans, Circle and Aave Labs push back.
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July 18 GENIUS Rules Bar Yield, DeFi Pays Up To 8%
The GENIUS Act’s final rules land July 18, banning stablecoin yield and pricing out $200M issuers. DeFi on Ethereum and Solana still pays up to 8%.
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Kraken Opens 1:1 USDC Bridge To Canton With USDCx
Kraken now supports USDCx on Canton Network, a stablecoin backed 1:1 by USDC in Circle’s xReserve. The catch: it is institutional, not a retail DeFi play.
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Coinbase Backs ProShares GENIUS ETF For Stablecoin Reserves
Coinbase took a stake in the ProShares GENIUS ETF (IQMM), the fund holding short-term Treasuries that back stablecoins like USDC. Here is the DeFi angle.
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$305M Coinbase USDC Yield At Risk As OCC Closes GENIUS Loophole
Coinbase reported $305M Q1 2026 stablecoin revenue from a 3.5% USDC reward the GENIUS Act did not catch. The OCC’s rebuttable presumption rule now targets it.
