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Transak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure

Transak, a fiat-to-crypto infrastructure provider, has raised $16 million in a strategic funding round led by Tether and IDG Capital to enhance its stablecoin payments infrastructure and expand operations into…

Continue ReadingTransak Raises $16 Million From Tether and IDG Capital to Expand Stablecoin Payments Infrastructure

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

Ripple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems

Stablecoins are redefining global payments with unmatched speed and efficiency, as Ripple’s RLUSD gains traction amid soaring demand across volatile markets and underserved financial corridors. Ripple Names Stablecoins as Core…

Continue ReadingRipple’s RLUSD Joins USDC and USDT in Leading Next-Gen Global Payment Systems