MICA news
Stablecoin Supply Fell to $307B While Tether Booked $1.5B and Halved Its Own Buffer
Total stablecoin supply dropped to roughly $307.5 billion by August 2, with USDT at $183.2 billion and USDC at $72.1 billion, both below spring peaks. Tether reported $1.5 billion of Q2 operating profit while its excess reserve buffer fell from $8.23B to $4.11B.
CLARITY Act Faces Knife-Edge Senate Deadline as Recess Nears and ADA ETF Clock Ticks
With only days until the Senate August recess, the CLARITY Act sits without a floor vote scheduled. Prediction markets price passage odds near 30 percent as ADA ETF eligibility approaches.
CLARITY Act nears Aug 10 Senate wall; ETH ETFs get 4th week of inflows
Senate leaders signal no floor vote before recess as crypto market structure bill stalls. Spot BTC ETFs snap three-week inflow streak while ETH products keep attracting capital.
Revolut Freezes USDT Deposits in Europe With 30 Days Left on the MiCA Clock
Revolut stopped accepting USDT deposits on July 30 for its more than 75 million users, leaving 30 days until the August 31 full delisting under MiCA.
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