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Stablecoin Companies Harness Loopholes in the GENIUS Act to Offer ‘Rewards’

Companies like Coinbase and Paypal are taking advantage of the loopholes present in the stablecoin-focused GENIUS Act to offer “rewards” to depositors, even though it explicitly forbids issuers from distributing…

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Tether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation

BDO Italia’s independent attestation report verifies Tether International held $162.57 billion in assets against $157.11 billion in liabilities as of June 30, 2025, confirming excess reserves of $5.47 billion backing…

Continue ReadingTether Holds $127B in US Treasuries, Reports $4.9B Q2 Profit in Q2 2025 Attestation